Goldman Sachs initiated coverage on four Indian auto ancillary companies, with Sansera Engineering and Craftsman Automation receiving buy ratings and Bharat Forge and Samvardhana Motherson receiving neutral ratings.

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India

Who

Goldman Sachs, Sansera Engineering, Craftsman Automation, Bharat Forge, Samvardhana Motherson

What

Goldman Sachs initiated coverage on four Indian auto ancillary companies, with Sansera Engineering and Craftsman Automation receiving buy ratings and Bharat Forge and Samvardhana Motherson receiving neutral ratings.

When

Mon, 20 Jul 2026 07:28:00 GMT · 17h 50m ago

Where

India ·

Why

The brokerage believes a shift towards precision engineering, aerospace, defence, semiconductors and EV-related opportunities will drive long-term growth and improve margins for these companies.

The Frontline Impact

How this affects you

Goldman Sachs' initiation of coverage on these Indian auto ancillary stocks indicates potential investment opportunities and signals a positive outlook on sectors like precision engineering and EVs within the Indian market.

Story chain

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Verified Sources & Citations

The Economic Times
https://economictimes.indiatimes.com/markets/stocks/news/goldman-sachs-initiates-coverage-on-sansera-engineering-3-other-auto-ancillary-stocks-with-upside-of-up-to-28-heres-why/articleshow/132509174.cms
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