Craftsman Automation IPO - KR Choksey Investment Rationale
An employee tightens a bolt while working on the chassis and powertrain of a BharatBenz truck. (Photographer: Dhiraj Singh/Bloomberg)

Craftsman Automation IPO - KR Choksey Investment Rationale

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Report

Craftsman Automation is the largest player in the machining of cylinder blocks and cylinder heads in the intermediate, medium and heavy commercial vehicles segment and the construction equipment industry.

It is also among the top 3-4 players in the machining of cylinder blocks for the tractor segment in India.

It is present across the entire value chain in the Automotive – Aluminium Products segment, providing diverse products and solutions.

It is diversified across end-user industries and caters to commercial vehicles, two-wheeler, tractor and other segments.

The company leverages cross-selling opportunities across segments to derive value for its existing and prospective customers.

Click on the attachment to read the full report:

KRChoksey Craftsman Automation IPO Note.pdf

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