5514.0000 -73.50 (-1.32%)
NSE Jun 03, 2025 15:31 PM
Volume: 77,191
 

5514.00
-1.32%
ICICI Securities Limited
Craftsman Automation (CFTM) is undergoing diversification to reduce CV exposure and improve RoCE by doing casting/machining of engine cylinder blocks/heads for SUV makers like Hyundai, Kia and M&M. By generating ~8% FCF/sales with ~22% RoCE, CFTM would be in a position to deliver steady fundamentals and sail through the CV downcycle in a smooth manner, in our view.
Craftsman Automation Ltd. has gained 22.48% in the last 3 Months
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