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This Article is From Oct 18, 2022

Craftsman Automation Q2 Results Review - Strong Top-Line Performance, Margin Pressures: Anand Rathi

Craftsman Automation Q2 Results Review - Strong Top-Line Performance, Margin Pressures: Anand Rathi
Craftsman Automation Ltd. (Source: Company website)
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Craftsman Automation Ltd
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BQ Prime'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 BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy. 

Anand Rathi Report

For Craftsman Automation Ltd., growth across segments were the highlights for the quarter. It continued to improve value-addition across divisions.

Improving commercial vehicle off-take, driven by medium and heavy commercial vehicles and the off highway segments augur well for long-term growth.

Similarly, demand for passenger vehicles and two-wheelers is expected to be strong during the festival season as supply-side constraints have started to normalise.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

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