Time period given by analyst is Intra Day when Craftsman Automation Ltd. price can reach defined target.
Craftsman Automation Ltd., incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 4602.49 Crore) operating in General sector.
Craftsman Automation Ltd. key Products/Revenue Segments include Engineering, Sale of services and Other Operating Revenue for the year ending 31-Mar-2021.
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 435.83 Crore, down -19.31 % from last quarter Total Income of Rs 540.12 Crore and up 166.50 % from last year same quarter Total Income of Rs 163.54 Crore. Company reported net profit after tax of Rs 24.02 Crore in latest quarter.
The stock has broken out of a consolidation pattern on good volumes triggering a resumption of the uptrend. Technical indicator RSI has turned upwards after taking support at the 60 level suggesting strength in the stock.
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