A host of brokerages, including global and domestic, have initiated coverage on several stocks. They are bullish on companies such as Zomato, Muthoot Finance, Sansera Engineering, and CE Info Systems with a targeted upside of up to 30%. Here is a list of 7 stocks on which brokerages initiated coverage: Stock Watchlist

Brokerages initiate coverage on Zomato, 6 other stocks; see up to 30% upside potential - Stock Watchlist

The uptick in the stock price came after the company announced that it has signed a memorandum of understanding (MoU) with Karnataka Udyog Mitra for acquisition of 55 acres of industrial land: Sansera Engineering

Sansera Engineering up 2% on inking MoU for acquisition of 55 acres of industrial land

The facility at Harohalli, Ramanagara is expected to drive growth in both the automotive and non-automotive sectors.

Sansera Engineering To Invest Rs 2,100 Crore In New Manufacturing Facility In Karnataka

Sansera Engineering partners with Karnataka Government for ₹2,100 crore investment to expand manufacturing capacity, creating 3,500 jobs.

Sansera Engineering inks ₹2,100 crore MoU with Karnataka

Attractive valuation and growth potential

Sansera Engineering - Capitalising On Diversification, Exports; IDBI Capital Initiates Coverage With A Buy

Agriculture domestic demand to be monitored.

Sansera Engineering Q3 Results Review - Strong Orderbook To Drive Growth Across All Verticals: Axis Securities

Exports and aerospace growth on track as guided.

Sansera Engineering - Targeting 20% RoCE Amid Executing Growth Capex: ICICI Securities

Sansera Engineering Ltd plans to invest ₹300 crore in FY24, higher than FY23 capex of ₹244 crore, to support its growing order book. The capex will be spent on capacity expansion, line balancing, and a new machining facility. 70% of new orders came from auto-ICE, 21% from tech-agnostic and xEV, and …

Sansera Engineering plans ₹300-cr capex in FY24 as order books swell

Sansera Engineering stock has given a return of 35.46 percent over the last six months.

Sansera Engineering hits 52-week high on strong Q1 results

Foreign venture capital investors CVCIGP II Employee Ebene, and Client Ebene have offloaded large shareholding in Sansera Engineering for Rs 622.34 crore.

Bulk deals | Norges Bank picks shares worth Rs 156.77 crore in Delhivery; Goldman Sachs, Axis MF buy 2.98% stake in Craftsman Automation

Around 7.45 million shares, representing 14.08 per cent of the total equity of Sansera Engineering, have changed hands on the NSE

Sansera Engineering hits 52-week high; surges 9% after huge block deal

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Sansera Engineering Pvt., Ltd. is an India-based engineering company. The Company’s product portfolio consist of components such as to crank shaft assemblies, rocker arms, gear shifter forks, common rail, connecting rods, etc. 