Buy Sansera Engineering, target price Rs 1251: LKP Securities

6 months ago 54

Synopsis

Sansera Engineering Ltd., incorporated in the year 1981, is a Small Cap company (having a market cap of Rs 5559.53 Crore) operating in Auto Ancillaries sector.

markets-shutterShutterstock.comPromoters held 35.05 per cent stake in the company as of 31-Dec-2023, while FIIs owned 22.73 per cent, DIIs 28.22 per cent.

LKP Securities has buy call on Sansera Engineering with a target price of Rs 1251. The current market price of Sansera Engineering Ltd. is Rs 1066.2.
Sansera Engineering Ltd., incorporated in the year 1981, is a Small Cap company (having a market cap of Rs 5559.53 Crore) operating in Auto Ancillaries sector.

Sansera Engineering Ltd. key Products/Revenue Segments include Engineering Goods, Scrap, Other Operating Revenue, Export Incentives and Sale of services for the year ending 31-Mar-2023.

Financials
For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 713.95 Crore, up 2.89 % from last quarter Total Income of Rs 693.87 Crore and up 26.60 % from last year same quarter Total Income of Rs 563.95 Crore. Company reported net profit after tax of Rs 48.37 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 35.05 per cent stake in the company as of 31-Dec-2023, while FIIs owned 22.73 per cent, DIIs 28.22 per cent.

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