CAL’s aluminium business remains a key growth driver aided by acquisitions of DR Axion and Sunbeam
Motilal Oswal recommended Neutral rating on Craftsman Automation with a target price of Rs 6542 in its research report dated November 10, 2025.
ICICI Securities is bullish on Craftsman Automation has recommended buy rating on the stock with a target price of Rs 7900 in its research report dated November 10, 2025.
In Q3FY25, for the first time in Craftsman Automation Ltd’s history, the management has given a guidance of what to expect in the coming years. It has guided for Rs 7,000 crore in revenue in FY26
For deeper positive retracement, the Nifty 50 needs to close above prior day’s high, until then use pullback to sell for a move to 21,800 levels. Immediate hurdle is at 22,580 on upside, said Ashish Kyal.
GTPL Hathway, Sonata Software, JM Financial, Indian Railway Finance Corporation, Zee Entertainment Enterprises, Star Health and Allied Insurance Company, and Craftsman Automation will be in focus on October 8.
With a strong market presence in its targeted segments, CAL is poised to benefit from the expected positive trends in commercial vehicle demand
ICICI Securities recommended hold rating on Craftsman Automation with a target price of Rs 5,012 in its research report dated July 25, 2024.
Motilal Oswal is bullish on Craftsman Automation has recommended buy rating on the stock with a target price of Rs 5965 in its research report dated July 26, 2024.
Given the decisive consolidation breakout, bulls are likely to take the Nifty to the 23,800-24,000 zone soon, with support at 23,500. Here are some trading ideas for the near term.
The acquisition excludes certain specific assets located in Gurugram. The transaction may be completed in multiple phases, said Craftsman.
AU Small Finance Bank, Amara Raja Energy & Mobility, Zee Entertainment Enterprises, Satin Creditcare Network, Craftsman Automation, and Muthoot Capital Services will also be in focus on Tuesday.
Craftsman Automation is a major player in the machining of cylinder blocks and heads in the M&HCV segment, and is expected to benefit from the strong demand for CVs and industrial segments.