Affordable Robotics enters into machine shop automation, shares up

Affordable Robotic and Automation Limited’s shares were trading 0.34 per cent higher after gaining nearly 6 per cent on Monday. The company had earlier announced its entry into machine shop automation, introducing two 3-axis automated solutions designed for power train robots. The company anticipates generating an estimated Rs 40 crore in revenue for the new business line by FY 2025.

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