Focus on profitable growth and reduction in business cyclicality.

Craftsman Automation - Crafting Growth, RoCE Together: ICICI Securities Initiates Coverage With A ‘Buy’

LKP Research is bullish on Craftsman Automation has recommended buy rating on the stock with a target price of Rs 5338 in its research report dated July 25, 2023.

Buy Craftsman Automation; target of Rs 5338: LKP Research

Motilal Oswal is bullish on Craftsman Automation recommended buy rating on the stock with a target price of Rs 4750 in its research report dated June 27, 2023.

Buy Craftsman Automation; target of Rs 4750: Motilal Oswal

Craftsman Automation is also developing parts for diverse sectors like furniture, elevator, escalator and white goods.

Motilal Oswal positive on Craftsman’s diversification business; reiterates ‘buy’ call on the stock

Shares of Delhivery and Craftsman Automation may rise up to 15% and 12%, respectively, show technical charts

Delhivery, Craftsman Automation: Strategies for stocks amid block deals

Foreign venture capital investors CVCIGP II Employee Ebene, and Client Ebene have offloaded large shareholding in Sansera Engineering for Rs 622.34 crore.

Bulk deals | Norges Bank picks shares worth Rs 156.77 crore in Delhivery; Goldman Sachs, Axis MF buy 2.98% stake in Craftsman Automation

It was not immediately clear who were buyers and sellers.

Craftsman Automation shares rise after Rs 317-crore block deal

HUL shares will turn ex-dividend today. The FMCG major had announced a final dividend of Rs 22 per share. The actual payment will be made on July 26.

HUL, Automobile Corporation of Goa, Craftsman Automation shares to turn ex-dividend today

Motilal Oswal is bullish on Craftsman Automation recommended buy rating on the stock with a target price of Rs 3950 in its research report dated May 09, 2023.

Buy Craftsman Automation; target of Rs 3950: Motilal Oswal

UPL, Canara Bank, Indian Bank, Aarti Industries, Apollo Pipes, Birlasoft, CG Power and Industrial Solutions, Craftsman Automation, Exide Industries, Happiest Minds Technologies and others will be in focus ahead of quarterly earnings on May 8.

Stocks to watch: Coal India, Adani Transmission, Adani Total Gas, Paytm, Britannia, Lupin, Ajanta Pharma, Marico | The Financial Express

“Craftsman Automation has been one of the stable midcap stocks. However, it has witnessed strong corrections in the last few weeks. The stock is now showing some interesting patterns on weekly charts,” Gaurav Bissa, VP, InCred Equities, said.

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Stock Radar: Buy Craftsman Automation for a target of Rs 3400 in next 2 months

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Craftsman Automation is engaged in the business of engineering products and manufacturing services.