Sterling Tools Limited (BOM: 530759)

India flag India · Delayed Price · Currency is INR
547.20
+45.20 (9.00%)
At close: Nov 14, 2024
66.96%
Market Cap 19.71B
Revenue (ttm) 10.67B
Net Income (ttm) 657.16M
Shares Out 36.02M
EPS (ttm) 18.15
PE Ratio 30.15
Forward PE 22.52
Dividend 2.00 (0.37%)
Ex-Dividend Date Sep 6, 2024
Volume 43,404
Open 502.35
Previous Close 502.00
Day's Range 502.35 - 570.35
52-Week Range 305.00 - 639.15
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Nov 13, 2024

About Sterling Tools

Sterling Tools Limited manufactures and sells high tensile cold forged fasteners to original equipment manufacturers in India. The company offers standard, special, chassis, and engine fasteners; axle, engine, standard, and wheelant bolts, as well as hub/wheel bolts, hub nuts, and wheel studs; and motor control units for electric vehicles. It also leases immovable property; and manufactures and trades in motor control units; and manufactures magnet free motor and associated powertrain components. The company’s products are used in automotive in... [Read more]

Industry Costume Jewelry, Costume Novelties, Buttons, And Miscellaneous Notions, Except Precious Metal
Founded 1979
Employees 613
Stock Exchange Bombay Stock Exchange
Ticker Symbol 530759
Full Company Profile

Financial Performance

In 2023, Sterling Tools's revenue was 9.32 billion, an increase of 20.73% compared to the previous year's 7.72 billion. Earnings were 553.65 million, an increase of 15.64%.

Financial Statements

News

Sterling Tools shares rise nearly 3% following strategic partnership to localize EV components manufacturing

Sterling Tools Limited, India’s second-largest automotive fastener manufacturer, saw its shares surge nearly 3% on news of its strategic partnership with Kunshan GLVAC Yuantong New Energy Technology C...

11 days ago - Business Upturn

Sterling Tools partners with China’s GLVAC YT to boost India’s EV supply chain, aims for ₹250 crore revenue by FY30

Sterling Tools Limited, India’s second-largest automotive fastener manufacturer, has entered into a strategic partnership with Kunshan GLVAC Yuantong New Energy Technology Co., Ltd. (GLVAC YT) to loca...

11 days ago - Business Upturn