Shares of Sansera Engineering surged by over 8% on the NSE after multiple block deals were witnessed, with the stock reaching a 52-week high of Rs 914.55. The block deals triggered buying action as momentum indicator MFI went into an overbought zone. The company manufactures precision components for automotive and non-automotive sectors and reported a Q4FY23 net profit of Rs 35.1 crore. The average broker target on the stock is Rs 946.50, representing an almost 8% upside from the current level.
