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Block deal alert! Craftsman Auto shares in focus as promoter to sell stake worth Rs 486 crore
Craftsman Automation shares are under scrutiny as promoter Srinivasan Ravi plans to sell up to 2.01% stake via a block deal worth Rs 486 crore. This secondary transaction, with a floor price of Rs 9,250, follows a recent Rs 2,000 crore QIP. The move aims to monetize holdings and boost liquidity, with Ravi facing a 180-day lock-up. The company reported a strong Q4 with a 74.4% profit surge.
Stocks to Watch today: BEL, IREDA, JSW Infra, Vi, Vedanta Aluminium & more
Stocks to Watch today: BEL, IREDA, JSW Infra, Vodafone Idea, Vedanta Aluminium, Craftsman Automation, Delhivery, Bajaj Auto, Bandhan Bank and more will be in focus today.
Stocks to Watch Today: HCL Tech, General Insurance Corp, Dhanlaxmi Bank, Craftsman Automation, Devyani International, Sapphire Foods in focus on 16 June
Stocks to Watch, 16 Jun: Stocks like HCL Technologies, State Bank of India. Mahindra and Mahindra Financial Services, General Insurance Corporation of India, Craftsman Automation, Yes Bank, Dhanlaxmi Bank, and Indian Railway Catering and Tourism Corporation will also be in focus on June 16.
Stocks to Watch Today: Craftsman Automation, JSW Infra, Bharat Electronics, Apar Industries, Hindustan Zinc, Horizon Reclaim in focus on 23 June
Stocks to Watch, 22 Jun: Stocks like Craftsman Automation, JSW Infrastructure, Vodafone Idea, Bharat Electronics, Apar Industries, Hindustan Zinc, Info Edge India, Lemon Tree Hotels, Yash Highvoltage, and Knowledge Marine & Engineering Works will be in focus on June 22.
Buzzing Stocks: Vedanta slips 7% as promoter sales stake; Craftsman Automation, Lemon Tree Hotels gain
Shares of Bharat Electronics down marginally despite the defence PSU secured additional orders worth ₹1,081 crore since May 25.