Setco Automotive Limited (SETCO.BO)
Setco Automotive Limited operates in the Auto - Parts industry of the Consumer Cyclical sector, headquartered in Mumbai, MA, IN. The stock last traded at $17.45, down 1.97% on the session, giving a market capitalisation of $2.34B. Its beta of 0.45 implies it has historically moved less than the broad market.
Setco Automotive Limited, an Indian firm headquartered in Mumbai and established in 1982 (initially as Gujrat Setco Clutch Limited until its renaming in November 2005), specializes in the production and global distribution of clutches. The company supplies clutches for light, medium, and heavy commercial vehicles, operating across key markets including India, Europe, North America, and the Middle East. Its product range, offered under brands like Setco, LIPE, and Lava Cast, extends beyond clutches to include complete clutch systems, pressure converters, various castings, and high-precision components and pressings. Setco serves a broad customer base, distributing its products to Original Equipment Manufacturers (OEMs), their official spare parts networks, independent aftermarket distributors and dealers, and local automotive garages. Its components are crucial for diverse industries such as commercial and military trucking, marine, off-highway, and agricultural equipment sectors.
Setco Automotive Limited is most often compared with the following Consumer Cyclical names: