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Anand Rathi Report
For Craftsman Automation Ltd., we expect strong demand to come in medium and heavy commercial vehicle, two-wheeler and off-highway segments in H2 FY22 on the back of improving economic activity, which, in our view, would lead to strong revenue growth.
We believe Craftsman Automation's consistent value additions in each of its businesses would further aid in improving margins.
Also, with the expected increased capital formation across the country, we expect its industrial and engineering division to grow strong.
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