Craftsman Automation - Well-Crafted For Growth: Anand Rathi

Employees works at the axle and engine powertrain ahead of installation into an all-electric luxury automobile on the production line. (Photographer: Michaela Handrek-Rehle/Bloomberg)

Craftsman Automation - Well-Crafted For Growth: Anand Rathi

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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

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.

Click on the attachment to read the full report:

Anand Rathi Craftsman Automation Company Update.pdf

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