Craftsman Automation - Well-Crafted For Growth: Anand Rathi
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Anand Rathi Report
Dominance in machining critical power-train components, versatility in aluminium die-casting along with growth augur well for Craftsman Automation Ltd. in posting strong growth for the next two to three years.
Also, growth being a function of capital formation in the country, Craftsman Automations' industrial and engineering division is expected to grow strong, driven by the expected increase in capex.
Risks: Decline in the underlying original equipment manufacturer business.
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