Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition

Goldman Sachs India equity portfolio, held through global funds, declined 6% in CY26, falling from about Rs 9,014 crore in December 2025 to Rs 8,470 crore as of June 25, 2026. Despite the overall decline, eight stocks bucked the trend with gains of 20 to 85 percent, led by GNG Electronics at 84% and TD Power Systems at 79%. Separately, Goldman Sachs made a fresh entry into Aye Finance in the March 2025 quarter, acquiring a 4.1% stake worth about Rs 168 crore.