Bengaluru, June 23 -- The shares of this small cap company majorly engaged in manufacturing several components, sub-assemblies on a supply, job-work basis according to client specifications in the automotive, industrial, and engineering segments were in focus after the promoter expected to sell the stake.

With the market capitalization of Rs. 24,902 Crores, the shares of Craftsman Automation Ltd were trading at around Rs. 9521 per share which is just 5 percent discount from its 52 week high of Rs. 9938 per share and is trading at a P/E of 65.2 whereas industry P/E stands at 27.9

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Srinivasan Ravi, a promoter of Craftsman Automation, is preparing to offload up to 2.01% ownership through a block deal transaction. The propo...