Tag
Precision Engineering
5 articles
Precision engineering firms are demonstrating a mixed performance landscape, with several companies exhibiting robust growth alongside others facing significant challenges. Renishaw's upgraded outlook and doubled price target, fueled by strong demand across semiconductor, electronics, and aerospace sectors, highlights the sector’s potential. Meanwhile, Sansera Engineering's record FY26 performance, bolstered by diversification into Aerospace & Defence and an ICRA rating upgrade, underscores the benefits of strategic expansion. However, Shivam Autotech's substantial loss and negative net worth reveal ongoing operational and financial difficulties, despite recent financing and a Q4 revenue recovery, indicating heightened risk for some players in the space.
BofA Upgrades Renishaw to Buy, Doubles Target
BofA Securities upgraded Renishaw plc to “buy” from “underperform” and lifted its price target to 5,400p, up from 2,779p.
BofA lifted fiscal 2027 EBIT to £181 million (+22%) and raised its three‑year
Ratnaveer 24th AGM Approves Key Resolutions
Ratnaveer Precision Engineering convenes 24th AGM on 26th September 2026 via video conference to transact ordinary and special business.
Key resolutions include reappointing statutory auditors, increa
Sansera Engineering Reports 51% PAT Growth in FY26
Sansera Engineering reported record FY26 performance with consolidated revenue of ₹34,979 million (16% growth) and PAT surging 51% to ₹3,269 million, driven by strong diversification into Aerospace &
Shivam Autotech FY26 ₹81.33 Crore Loss, Negative Net Worth
Shivam Autotech reported FY26 net loss of ₹81.33 crore resulting in negative net worth of ₹40.68 crore, with revenue of ₹409.58 crore impacted by working capital constraints.
The company secured ₹470
KDDL Limited Reports 56% Net Profit Growth to ₹76.6 Crores
KDDL reported strong FY26 performance with 31.6% revenue growth to ₹504.8 crores and 56% net profit increase to ₹76.6 crores.
The company declared total dividends of ₹23 per share including interim ₹1