Craftsman Automation (CRAFTSMA) reported a weak 4QFY24, largely dueto the subdued performance of the powertrain division, resulting in a lowerRevenue/PAT of INR11.1b/INR0.62b (vs. est. of INR11.9b/ INR0.86b).However, aided by the strong order backlog in the Al and IndustrialEngineering segments, we expect the company’s performance to improveover our forecast period.