India's Craftsman Automation hits nearly 1-year high on quarterly profit jump

Craftsman Automation

30/07/2025 06:28

** India's Craftsman Automation CRAF.NS climbs 5% to 6,768 rupees, its highest level since September 2024

** Auto parts maker reports 31% Y/Y jump in June qtr consol net profit; rev from ops up 55% Y/Y

** Rev in its industrial and engineering segment, its biggest, segment climbs 5%

** Rev for aluminium products, its second biggest, more than doubles

** Trading volume at 4.4x the 30-day moving avg

** Avg rating on CRAF at "buy"; median PT is 5,400 rupees - data compiled by LSEG

** Stock extends YTD gains to ~26%

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))