Craftsman Automation Limited
Sundaram Mutual Fund decreased its stake in Craftsman Automation Limited from 1.66% to 1.08% by selling 113,969 shares. Based on the current share price of ₹10,338.50, the approximate value of shares sold is ₹117.8 crore.
A precision manufacturing company that produces components and sub-assemblies for the automotive, industrial, and engineering sectors on a supply and job-work basis. Operating since 1986 from its Coimbatore headquarters, the company has established itself as a leader in precision manufacturing across diverse fields. It operates 12 manufacturing plants, including 10 satellite units, spread throughout India to serve clients with custom-built solutions tailored to their specifications.
Chennai-based AMC founded in 1996 as a joint venture with BNP Paribas, now wholly owned by the Sundaram Finance Group. Manages over Rs 1 lakh crore. Strong brand in South India with equity funds that have delivered consistent long-term track records across market cycles. Sundaram Mid Cap Fund has been a flagship since the early 2000s.