ICICI Securities is bullish on Sansera Engineering recommended buy rating on the stock with a target price of Rs 1133 in its research report dated September 18, 2023.
If the index breaks 19,300, then it may get the next support around 19,000, whereas on the higher side, 19,600-19,650 is expected to be a crucial hurdle in the near term, experts said
Earlier instances of bull markets in broader equities have seen microcap earnings yield spread over largecaps drop to near-zero versus current spread of 150-200 bps
Foreign venture capital investors CVCIGP II Employee Ebene, and Client Ebene have offloaded large shareholding in Sansera Engineering for Rs 622.34 crore.