Craftsman Automation shares snap three-day losing streak, rise 7% on strong volumes

Shares of Craftsman Automation Ltd., a diversified engineering company, are trading with gains of up to 7% on Tuesday, November 25. With today's rally, the stock snapped its three-day losing streak.

Around 2.05 lakh shares changed hands at an average traded price of ₹7,014, taking the total traded value to ₹144.22 crore.

The company reported a strong financial performance for the September quarter. Consolidated revenue stood at ₹2,002 crore, marking a 65% YoY jump from ₹1,214 crore in Q2 FY25.

EBITDA rose 56% YoY to ₹312 crore as against ₹200 crore last year, while the EBITDA margin remained steady at 16%. Profit after tax increased 47% YoY to ₹91 crore from ₹62 crore, with a net profit margin of 5%.

Craftsman Automation operates across automotive powertrain and other components, automotive aluminium products, and industrial and engineering segments. The company manufactures a wide range of components and sub assemblies for customers in the automotive, industrial, and engineering sectors. It was founded in 1986 and is headquartered in Coimbatore, Tamil Nadu.