Craftsman Automation Falls for Second Day Amid Promoter Stake Sale Reports; Stock Near Record High

$CRAFTSMAN declined for the second consecutive trading session, ending June 23 with a loss of 0.8%. The weakness comes amid reports that promoter Srinivasan Ravi may sell up to a 2.01% stake through block deals, with the transaction estimated at around ₹484 crore and a floor price of ₹925 per share, according to CNBC-TV18 sources. Despite the recent decline, the stock continues to trade close to its peak levels and is currently only about 4% below its all-time high, reflecting sustained investor confidence in the company's long-term growth prospects. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.