Goldman Sachs raises target on Sansera Engineering after 140% surge

Goldman Sachs raised its target price on Sansera Engineering to Rs 4,990 from Rs 4,500, maintaining a Buy rating on the stock. The revised target suggests potential upside of 16.1% from current levels.

Sansera's shares have already climbed over 140% during 2026. Goldman Sachs attributed the positive outlook to expected investments by semiconductor equipment makers Applied Materials and Lam Research in India, which are likely to strengthen the local supplier ecosystem and boost R&D capabilities.

The brokerage expects these developments to drive long-term growth for Sansera's ADS component business segment.