Craftsman Automation Ltd (CRAFTSMAN)

Craftsman Automation Ltd Reports Impressive Growth in EPS and Revenue - 13 Sep, 2023

Craftsman Automation Ltd has reported a commendable gain of 36% in earnings per share (EPS) and a solid 44% growth in revenue to ₹35b. The company's high earnings before interest and taxation (EBIT) margin is a great way for it to maintain a competitive advantage in the market.

Craftsman Automation Ltd's Insiders Hold Significant Control - 11 Aug, 2023

Insider ownership of 55% in Craftsman Automation implies vested interests in company growth. The stock gained 5.1%, hitting a market cap of ₹101b. High insider ownership can give immense power to a small group within the company.

Craftsman Automation Q1FY24 Sales Climb 12% - 05 Aug, 2023

Craftsman Automation's sales climbed by 12% to Rs 755 crore in Q1FY24, compared to Rs 675 crore in the same quarter last year. The company's margins are improving YoY.

Craftsman Automation Q1 FY24 Revenues in Line with Expectations - 25 Jul, 2023

Craftsman Automation Ltd's standalone revenues grew by 12% YoY and declined by 3.8% QoQ to ₹7.56bn, mainly on growth seen in Power Train and Aluminium Products segments. Overall EBITDA margins came in at 21.6%, up 30 bps QoQ. Maintain BUY with a target of ₹5,338.

Craftsman Automation Ltd's ROCE Increases to 18% - 15 Jul, 2023

Craftsman Automation Ltd's returns on capital employed (ROCE) have increased substantially over the last five years to 18%. The stock has returned a solid 86% to shareholders over the last year. However, investors should conduct further due diligence.

Craftsman Automation Receives Buy Call from Motilal Oswal - 28 Jun, 2023

Domestic broking firm, Motilal Oswal, has reiterated a buy call on Craftsman Automation with a target price of Rs 4750. The company is expanding into the electric vehicle market and has received multiple orders from various sectors.

Craftsman Automation Stock Rises as Prominent Investors Buy Stake - 23 Jun, 2023

Craftsman Automation's stock rose after prominent investors Goldman Sachs, Axis Mutual Fund and Tata Emerging Asia Liquid Fund picked up S Murali's stake. The automobile parts company's revenue increased 43% YoY to Rs 3,195 crore in FY2023.

Craftsman Automation Ltd sees large trade and insider selling - 22 Jun, 2023

Shares of Craftsman Automation Ltd gained nearly 3 percent on Thursday as around 3.78 percent of its equity or 8 lakh shares worth Rs 316.8 crore changed hands in large trade. Srinivasan Murali offloaded 8 lakh shares in Craftsman Automation for a price of ₹3,960 apiece. The overall sentiment is NEGATIVE.

Craftsman Automation announces final dividend and fixes record date - 19 Jun, 2023

Craftsman Automation announces final dividend of ₹11.25 per share and fixes record date for payment on 19th June 2023.