Goldman Sachs initiates coverage on Sansera Engineering, 3 other auto ancillary stocks with upside of up to 28%. Here’s why

Goldman Sachs initiates coverage on Sansera Engineering, 3 other auto ancillary stocks with upside of up to 28%. Here’s why

Wall Street major Goldman Sachs has initiated coverage on select auto ancillary stocks, namely Sansera Engineering (Buy), Craftsman Automation (Buy), Samvardhana Motherson (Neutral), and Bharat Forge (Neutral). Goldman Sachs says these manufacturers are undergoing a product mix shift that could make their business models more resilient to industry cycles while expanding into larger profit pools by leveraging their core manufacturing capabilities.Contrary to its belief, the market continues to v…

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