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Craftsman Automation - Strong Medium, Heavy Commercial Vehicle Off-Take, Margin Betterment: Anand Rathi

Craftsman Automation - Strong Medium, Heavy Commercial Vehicle Off-Take, Margin Betterment: Anand Rathi

<div class="paragraphs"><p>An automotive powertrain parts manufacturing facility of Craftsman Automation Ltd. (Source: Company website).</p></div>
An automotive powertrain parts manufacturing facility of Craftsman Automation Ltd. (Source: Company website).

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.

Anand Rathi Report

For Craftsman Automation Ltd., we expect strong demand to come in medium and heavy commercial vehicle, two-wheeler and off-highway segments in H2 FY22 on the back of improving economic activity, which, in our view, would lead to strong revenue growth.

We believe Craftsman Automation's consistent value additions in each of its businesses would further aid in improving margins.

Also, with the expected increased capital formation across the country, we expect its industrial and engineering division to grow strong.

Click on the attachment to read the full report:

Anand Rathi Craftsman Automation Company Update.pdf

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