On June 22, Sansera Engineering shares jumped 8% to record the stock’s 52-week-high price of Rs 909.8 amid the large deals.
Around 14% equity or 74.53 lakh shares, exchanged hands on the exchanges at Rs 835 per unit over the block deal window.

At 9:26 am, Sansera’s shares were trading 5.6% up at Rs 889.5 on the BSE.
Ebene and CVCIGP II Employees EBENE were anticipated to sell a 14.1% equity stake in the Bengaluru-based firm for Rs 627.5 crore over a block deal. Ebene will offload 47.77 lakh shares (9% equity), and CVCIGP II Employee Ebene to sell 26.76 lakh shares (5.1% equity).

The offer price has been set at Rs 799.85-841.95 per share.
The company aims for a revenue of about Rs 3,500 crore by FY25 as against Rs 2,300 crore in FY23, with growth led by a revival in domestic two-wheeler demand, return of growth in export markets and an increase in the aerospace segment.

The company plans to lessen its net debt-equity ratio to 0.4 times by FY25 from 0.55 times now, along with operating at 8-9% of capex-sales ratio and increasing the RoCE (Return on Capital Employed) towards 20% with enhanced profitability, ICICI Securities said.