Share price of Sedemac Mechatronics hit an all-time high of ₹2,650, soaring 96 per cent higher against its issue price of ₹1,352.
Favourable demand trends, coupled with global supply chain realignment and a strengthening domestic manufacturing ecosystem, continue to expand the opportunity landscape, Sansera's management said.
While acknowledging near-term geopolitical uncertainties, Antique believes these are largely transient in nature
In the past two trading days, the Nifty Microcap 250 index has rallied 3.7 per cent, as against 1 per cent gain in the benchmark Nifty 50.
Nomura said the combination of lower duties and a weaker Indian rupee increases global competitiveness for auto suppliers such as Bharat Forge, Sansera, Sonacoms, Belrise Industries, and Motherson
With US-India trade deal on the horizon coupled with healthy diversification efforts at the company (ADS), Sansera Engineering remains one of top pick in the auto ancillary space for ICICI Securities.