Sterling Tools Limited (STERTOOLS.NS)
Sterling Tools Limited operates in the Manufacturing - Tools & Accessories industry of the Industrials sector, headquartered in Faridabad, HA, IN. The stock last traded at $223.90, up 0.95% on the session, giving a market capitalisation of $8.14B. Its beta of 0.65 implies it has historically moved less than the broad market.
Sterling Tools Limited is a key player in the manufacturing and distribution of high-tensile, cold-forged fasteners, primarily supplying original equipment manufacturers (OEMs) throughout India. The company offers an extensive range of fasteners, including standard, specialized, chassis, and engine types, which are utilized across various applications such as passenger and commercial vehicles, two-wheelers, farm and construction equipment, and off-road machinery. In addition to its core fastener business, Sterling Tools also engages in the leasing of immovable property and the production and trading of motor control units for the automotive industry. The company boasts a significant international presence, exporting its products to markets in Europe, the United States, South America, and the Middle East. Founded in 1979, Sterling Tools Limited is headquartered in Faridabad, India.
Sterling Tools Limited is most often compared with the following Industrials names: