5570.5000 76.00 (1.38%)
NSE Jun 30, 2025 15:31 PM
Volume: 94,452
 

5570.50
1.38%
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.. has an average target of 5488.50 from 2 brokers.
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