New Delhi, Sept. 25 -- Shares of SPR Auto Technologies Limited surged during Friday's trading session after ending lower in the previous session amid overall weaker market sentiment. Strong margin expansion in subsidiaries, improvement in the balance sheet and stable standalone business are likely to support the auto components manufacturer in the coming months, noted Motilal Oswal Financial Services, which sees 37% upside potential in the stock.

SPR Auto Technologies' share price has surged nearly 48.84% over six months and around 76% over one year.

The Delhi-headquartered company is evolving from being a traditional piston manufacturer into a diversified, technology-driven, powertrain-agnostic mobility platform through strategic inorg...