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Company Profile

CRAFTSMAN AUTOMATION LTD.

NSE : CRAFTSMANBSE : 543276ISIN CODE : INE00LO01017Industry : Auto AncillaryHouse : Private
BSE4303.155.9 (+0.14 % )
PREV CLOSE (Rs.) 4297.25
OPEN PRICE (Rs.) 4302.05
BID PRICE (QTY) 4309.00 (2 )
OFFER PRICE (QTY) 4319.65 (7 )
VOLUME 222
TODAY'S LOW / HIGH (Rs.)4276.70 4303.15
52 WK LOW / HIGH (Rs.)3120 5510
NSE4312.05 8.2 (+0.19 % )
PREV CLOSE(Rs.) 4303.85
OPEN PRICE (Rs.) 4300.00
BID PRICE (QTY) 4312.90 (1 )
OFFER PRICE (QTY) 4319.95 (6 )
VOLUME 1949
TODAY'S LOW / HIGH(Rs.) 4261.40 4320.85
52 WK LOW / HIGH (Rs.)3115 5513.65

Company News

Date Heading Details
06-May-2024 Craftsman Automation to acquire remaining stake in DR Axion India <p style="text-align: justify;">Craftsman Automation has entered into definitive agreement to acquire the remaining 24% of equity share capital ie., 2,70,83,884 of Rs 10 of DR Axion India, a Material Subsidiary of the Company. This acquisition is subject to certain conditions mentioned in the definitive agreement. Upon completion of the transaction, DR Axion India (DRAIPL) will be a Wholly Owned Subsidiary of the Company. Cost of acquisition is Rs 250 core.&nbsp; The acquisition is expected to be completed by June 30, 2024.&nbsp;</p><p style="text-align: justify;">Craftsman Automation is a diversified engineering company engaged in: (a) Automotive - Powertrain and Others, (b) Automotive - Aluminium Products, and (c) Industrial and Engineering segments.</p><div style="text-align: justify;"><br></div>
27-Apr-2024 Craftsman Automation gets nod to make investment in Kinathukadavu Water Projects LLP <p style="text-align: justify;">Craftsman Automation has received approval to make an investment in Kinathukadavu Water Projects LLP upto Rs 10 crore for the purpose of water consumption for the company. The Board of Directors of the Company at their meeting held on April 27, 2024, has approved the same.&nbsp;</p><p style="text-align: justify;">Craftsman Automation is a diversified engineering company engaged in: (a) Automotive - Powertrain and Others, (b) Automotive - Aluminium Products, and (c) Industrial and Engineering segments.</p><div style="text-align: justify;"><br></div>
01-Mar-2024 Intimation Regarding Commencement Of Commercial Operation Of New Plant At Sriperumbudur Pursuant to Regulation 30 read with Para B of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation to earlier intimation dated 9th May, 2022, we wish to inform you that the Company will commence the commercial operations of its new plant at Sriperumbudur w.e.f. 1st March, 2024.
01-Feb-2024 Craftsman Automation submits analyst meet intimation <div style="text-align: justify;">Pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Craftsman Automation has informed about the schedule of meetings with Analyst / Institutional Investor as details enclosed.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
29-Jan-2024 Craftsman Automation gets nod to set up new plant in Rajasthan <p style="text-align: justify;">Craftsman Automation has received approval for setting up of a new plant/unit at Salarpur, Bhiwadi, Rajasthan. Estimated investment required for Phase 1 is Rs 150 crore.&nbsp;</p><p style="text-align: justify;">Currently, Craftsman has limited presence in Northern India, where major two-wheeler and Passenger Car OEMs apart from General Engineering and Farm Equipment sectors are located. The new plant will be within 100 kms from major OEMs and enable the company to utilize the plant capacity optimally. The Board of Directors of the Company at their meeting held on January 27, 2024 has approved the same.&nbsp;</p><p style="text-align: justify;">Craftsman Automation is a diversified engineering company engaged in: (a) Automotive - Powertrain and Others, (b) Automotive - Aluminium Products, and (c) Industrial and Engineering segments.</p>
29-Jan-2024 Craftsman Automation gains on getting nod to set up new plant in Rajasthan <p style="text-align: justify;">Craftsman Automation is currently trading at Rs. 4820.90, up by 74.70 points or 1.57% from its previous closing of Rs. 4746.20 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 4750.00 and has touched a high and low of Rs. 4863.60 and Rs. 4643.85 respectively. So far 1138 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 5510.00 on 22-Dec-2023 and a 52 week low of Rs. 2699.40 on 20-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 4863.60 and Rs. 4641.00 respectively. The current market cap of the company is Rs. 10103.66 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 54.99%, while Institutions and Non-Institutions held 29.75% and 15.27% respectively.</p><p style="text-align: justify;">Craftsman Automation has received approval for setting up of a new plant/unit at Salarpur, Bhiwadi, Rajasthan. Estimated investment required for Phase 1 is Rs 150 crore.&nbsp;<br>Currently, Craftsman has limited presence in Northern India, where major two-wheeler and Passenger Car OEMs apart from General Engineering and Farm Equipment sectors are located. The new plant will be within 100 kms from major OEMs and enable the company to utilize the plant capacity optimally. The Board of Directors of the Company at their meeting held on January 27, 2024 has approved the same.&nbsp;</p><p style="text-align: justify;">Craftsman Automation is a diversified engineering company engaged in: (a) Automotive - Powertrain and Others, (b) Automotive - Aluminium Products, and (c) Industrial and Engineering segments.</p>
02-Jan-2024 Craftsman Automation informs about board meeting <p style="text-align: justify;">Pursuant to Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Craftsman Automation has informed that a meeting of Board of Directors of the Company is scheduled to be held on Saturday, the 27th January, 2024, to consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended 31st December, 2023. In continuation to its letter dated 12th December, 2023, it has informed that the Trading Window for dealing in the shares of the Company has been closed from Friday, 15th December, 2023 till the expiry of forty-eight hours, after the declaration of the Financial Results of the Company for the quarter and nine months ended 31st December, 2023 to the public.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
07-Nov-2023 Craftsman Automation informs about analyst meet <p style="text-align: justify;">Pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Craftsman Automation has informed that it enclosed the schedule of meetings with Analysts / Institutional Investors scheduled on 10th November, 2023. No Unpublished Price Sensitive Information will be discussed during the meetings.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
06-Nov-2023 Craftsman Automation informs about earnings call transcript <div style="text-align: justify;">Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and intimation and outcome letter dated 3rd October, 2023 and 31st October, 2023 respectively, Craftsman Automation has enclosed the transcript of the earnings conference call organized on Tuesday, the 31st October, 2023 at 4.00 PM (IST) on the Unaudited Financial Results for the quarter and half year ended 30th September, 2023. The transcript of the earnings conference call will be uploaded on the website of the Company at www.craftsmanautomation.com</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
30-Oct-2023 Craftsman Automation gets nod to set up new unit in Coimbatore <p style="text-align: justify;">Craftsman Automation has received approval for setting up of a new plant/unit at Kothavadi, Coimbatore. The Board of Directors of the Company at their meeting held on October 30, 2023 has approved the same. Investment required for Phase 1 is Rs 102.5 crore, while for Phase 2 is Rs 106 crore (Estimated).&nbsp;</p><p style="text-align: justify;">Craftsman Automation is a diversified engineering company engaged in: (a) Automotive - Powertrain and Others, (b) Automotive - Aluminium Products, and (c) Industrial and Engineering segments.</p>