Strategic shift in vertical to unlock higher potential We recently met the management of Sansera Engineering Limited (SEL) with a view to gain greater insights of its business. SEL is a technology driven manufacturer of complex and critical highprecision iron and aluminium components for automotive and non- automotive sectors. It is the largest supplier of Connecting Rods, Rocker Arms and Gear Shifter Forks for the 2W segment and the largest supplier of Connecting Rods and Rocker arms for LMVs in India. Furthermore, the company is among the top ten suppliers of Connecting Rod across international markets. With a strong presence in the high precision IC engine components, it has been able to extend its design and engineering capabilities to cater to fast-growing areas like EV, Defence, Aerospace, etc. Sansera has 17 integrated manufacturing facilities (16 in India and 1 in Sweden) and has evolved organically by supplying premium quality components to Auto ICE, Tech Agnostic, xEV, and Non-Auto OEMs in the domestic and global markets. Following are the key takeaways from the interaction: Multi-vertical evolution unlocks sustainable and robust growth pathways SEL is undergoing a strategic transformation aimed at reducing its dependence on the traditional...
nancing, credit lines to NBFCs, top-up loans, securitised lending, loan syndication, and bid security guarantees. It also supports emerging instruments like payment-on-order financing and letters of ing sectors, including battery storage systems, green hydrogen, electric vehicle infrastructure, fuel cells, and renewable energy component manufacturing. IREDA operates under professional governance, with a balanced board comprising executive directors, independent directors, and government nominees. It has also expanded its footprint globally through a wholly owned subsidiary at the International Financial Services Centre (IFSC) in GIFT City. With over 38 years of sectoral experience, IREDA acts as the nodal and implementing agency for several MNRE-led flagship schemes, aligning closely with national renewable energy goals. Through its strategic financial support and policy align-...
The domestic markets ended with major gains during the week despite overcoming midweek weakness caused by rising tensions between Israel and Iran. After three straight sessions of losses, markets rebounded sharply on Friday. Broader markets underperformed. Investors largely overlooked domestic economic data and remained focused on geopolitical developments. The key equity indices ended with significant gains on Friday, snapping a three -day losing streak in a row, as market remained firm despite rising geopolitical tensions between Israel and Iran. The S&P BSE Sensex jumped 1,046.30 points or 1.29% to 82,408.17. The Nifty 50 index jumped 319.15 points or 1.29% to 25,112.40. On the economic front, India's wholesale price inflation (WPI) declined to a 14-month low of 0.39% in May 2025, down from 0.85% in April. Japan's core consumer price index (CPI), which...
solutions, headquartered in Bengaluru, India. The company derives 100% of its revenue from IT services segment, offering a wide portfolio that includes digital strategy advisory, technology consulting, application development and maintenance, systems integration, cloud and infrastructure services, analytics, and business process services. Wipro serves a diversified set of industries, with Banking and Financial Services (34.3%), Retail (19.1%), Technology & Communication (15.3%), Healthcare (14.1%), and Energy, Manufacturing & Resources (17.2%) contributing to its revenue mix. Geographically, the company generates majority of its revenue from the Americas (62.3%), followed by Europe (27.1%) and APMEA (10.6%). As of FY25, Wipro employed 233,346 people, with a utilization rate of 85.6% and an attrition rate of 15.0%. Client concentration is moderate, with the top customer contributing 4.3% of revenue, the top five 14.0%, and the top ten 23.3%. In FY25,...
The key equity indices posted significant gains this week, driven by the Reserve Bank of India's surprise 50 basis points rate cut and a shift in its monetary policy stance from accommodative to neutral. The easing inflation outlook and strong Q4 FY25 GDP growth of 7.4% boosted investor confidence, signaling a stable and supportive economic environment. Broader markets outperformed, reflecting renewed optimism around domestic demand and lower borrowing costs. Despite global headwinds and geopolitical concerns, sentiment remained upbeat as macroeconomic indicators pointed toward a healthy growth-inflation balance. In US, the US ISM Manufacturing PMI edged down to 48.5 in May...
The company's strategic focus on monetizing non-core assets, with an estimated value of Rs, 1,000 crores, over the next year reflects its proactive approach to optimizing its asset base and strengthen- O/s Shares (Mn) ing its balance sheet. As part of the monetization plan, the company has already realized Rs. 460 Market Cap (INR bn) crores from these assets, with the remaining expected by July 2025. The company's decision should help reduce its debt and provide capital expenditure for the next set of expansions. We believe the Face Value (INR) allocation of these cash proceeds would be a key monitorable in the future. Ramco Cements has...
