MAN has emerged as a preferred buy-on-dips idea for investors with a one-to-two-year horizon, according to market expert Ratnesh Goel, who flagged it as a fundamentally strong name continuing to outperform even in a volatile broader market. The Session's Numbers The auto components stock ended 3.89% higher at Rs 11,885.90 in the session covered by the report, taking its market capitalisation to around Rs 31,008 crore. What The Analyst Said Goel described Craftsman Automation as showing a favourable buying opportunity on the charts, underpinned by a healthy business profile and sustained relative strength. He characterised it as a good company with continuous outperformance, pointing to both the technical chart formation and the underlying business quality as reasons for confidence in the name. Why "Buy On Dips" Rather Than "Buy Now" The core of the advice is about entry price rather than the investment thesis itself: rather than chasing the stock after a strong move higher, Goel suggested waiting for a correction-led entry to improve the risk-reward equation for investors coming in fresh. Business Context Craftsman Automation is an auto components manufacturer, supplying powertrain and other engineered components primarily to the automotive and off-highway equipment industries. Auto ancillary stocks like this one are sensitive to broader trends in vehicle production volumes and input costs, including commodity and energy prices.

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