Craftsman Automation plans ₹1,000 cr capex for growth
pre-market1 source ↓written by the desknot a recommendation
- capital expenditure plan
- ₹1,000 cr
Craftsman Automation announced a ₹1,000 cr capital expenditure plan aimed at enhancing operational efficiency and reducing debt. The company expects improved margins in its Aluminium and Alloy Wheels segments by Q3 FY27, driven by increased utilization and operational enhancements. Growth in the Powertrain segment is anticipated from new product developments and higher capacities.
Not investment advice. For informational purposes only.