craftsman automation stock: Craftsman Automation shares rally 11% after company signs MoU for potential acquisition

craftsman automation stock: Craftsman Automation shares rally 11% after company signs MoU for potential acquisition

Shares of Craftsman Automation zoomed 11% on BSE to day’s high of Rs 5,363.85 after the company entered into a Memorandum of Understanding (MoU) with Sunbeam Lightweighting Solutions and Kedaara Capital Fund II. The MoU pertains to the acquisition of whole or part of the business of Sunbeam. The acquisition proposal is still subject to … Read more