Goldman Sachs initiates coverage on Sansera Engineering, 3 other auto ancillary stocks with upside of up t
- Posted on July 20, 2026
- By Business News Today
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- 1 min read
Goldman Sachs has expanded its coverage of Indian automotive suppliers with a nuanced outlook. The firm identifies Sansera Engineering and Craftsman Automation as growth catalysts, driven by structural tailwinds in advanced manufacturing sectors. Meanwhile, Bharat Forge and Samvardhana Motherson receive neutral positioning. The brokerage's thesis emphasizes how industry transformation toward precision engineering, aerospace, defense, semiconductors, and electric vehicle technologies will reshape competitive dynamics and profitability across the sector.
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