Indian auto ancillary firms slide as US launches unfair-trade probe into India, others

Samvardhana Motherson International

12/03/2026 04:46

** Shares of Indian auto ancillary firms trade lower between 1.6% to 4.1%

** Sansera Engineering SASE.NS down 3.6%, Sona BLW SONB.NS fell 1.7%, Bharat Forge BFRG.NS dropped 3.6%, Samvardhana Motherson SAMD.NS down 2.9%, while UNO Minda UNOI.NS trading 1.8% lower

** The U.S. launched new unfair-trade investigations into 16 countries, including India

** U.S. Trade Representative Jamieson Greer said that the "Section 301" unfair trade practices investigation could lead to new tariffs imposed against the countries by this summer

** On YTD basis, SASE up ~25%, SONB gained ~6%, BFRG rose ~18%, while and UNOI are down 2% and ~18%, respectively

(Reporting by Anuran Sadhu in Bengaluru)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))