India's Sansera Engineering hits record high; Goldman raises TP on global chip boost

** Shares of precision-engineered components maker Sansera Engineering SASE.NS jump as much as 4.95% to a record high of 4,509.80 rupees

** Stock on track for fifth straight session of gains

** Investments by global semiconductor capital equipment manufacturers, Applied Materials AMAT.O and LAM Research LRCX.O, in India to develop a local supplier ecosystem seen contributing to SASE's higher-margin Advanced Design System component supply business, Goldman Sachs Research says

** Brokerage has a "Buy" rating on the stock, raises TP to a street high of 4,990 rupees from 4,500 rupees

** 7 out of 12 analysts rate the stock "Buy" or higher, median TP of 4,185 rupees - data compiled by LSEG

** YTD, shares up 169.05%