appCraftsman Automation Ltd
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Craftsman Automation Ltd
CRAFTSMAN
Price Chart
Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Key MetricsEdit
Forecast & RatingsDetailed Forecast
Analysts have suggested that investors can buy this stock
Company Profile
Craftsman Automation is engaged in the business of engineering products and manufacturing services.
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Financial TrendFinancial statements
Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Recent NewsAll news
Buy Craftsman Automation; target of Rs 3883: LKP Research
6 days ago•Moneycontrol
Craftsman Automation Q3 Results Review - Adding Gravity, Low Pressure Die Casting To Its Strength: Anand Rathi
1 week ago•Bloomberg Quint
Buy Craftsman Automation; target of Rs 3891: Anand Rathi
1 week ago•Moneycontrol
Recent EventsAll events
Acquisition
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI (LODR) Regulations, 2015) and in furtherance of our letter dated 29th December, 2022 regarding the execution of a definitive agreement by the Company for acquiring 8,57,65,631 equity shares representing 76% of the total paid-up equity share capital (fully diluted basis) of DR Axion India Private Limited, we wish to inform you that the Company has completed the acquisition of the 76% equity stake in DR Axion India Private Limited on 1st February, 2023. | Download
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI (LODR) Regulations, 2015) and in furtherance of our letter dated 29th December, 2022 regarding the execution of a definitive agreement by the Company for acquiring 8,57,65,631 equity shares representing 76% of the total paid-up equity share capital (fully diluted basis) of DR Axion India Private Limited, we wish to inform you that the Company has completed the acquisition of the 76% equity stake in DR Axion India Private Limited on 1st February, 2023. | Download
Analysts/Institutional Investor Meet/Con. Call Updates
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and our intimation and outcome letter dated 3rd January, 2023 and 23rd January, 2023, we are enclosing herewith the transcript of the earnings conference call organized on Monday, the 23rd January, 2023 at 4.00 P.M. (IST) on the Unaudited Financial Results for the quarter and nine months ended 31st December, 2022.The transcript of the earnings conference call will be uploaded on the website of the Company at www.craftsmanautomation.com. | Download
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and our intimation and outcome letter dated 3rd January, 2023 and 23rd January, 2023, we are enclosing herewith the transcript of the earnings conference call organized on Monday, the 23rd January, 2023 at 4.00 P.M. (IST) on the Unaudited Financial Results for the quarter and nine months ended 31st December, 2022.The transcript of the earnings conference call will be uploaded on the website of the Company at www.craftsmanautomation.com. | Download
Cash Dividend
Final • Div/Share: ₹ 3.75
Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value