Sterling Tools Ltd

NSE
STERTOOLS •
BUY

1W Return

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1M Return

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6M Return

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1Y Return

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3Y Return

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Start SIP in Sterling Tools Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
52W Low on Nov 01, 2023
-4.2
TTM PE Ratio
Below industry Median
26.6
Price to Book Ratio
Below industry Median
3.1
Dividend yield 1yr %
Below industry Median
0.6
TTM PEG Ratio
PEG TTM is negative
-138.6
RSI
RSI is mid-range
39.9
MFI
MFI oversold
29.8

Sterling Tools Ltd Key Financials

*All values are in ₹ Cr.

Sterling Tools Ltd shareholding Pattern

Promoter
65.8%
Mutual Funds
5.1%
Domestic Institutions
5.7%
Public
28.6%

Sterling Tools Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
0
Bearish Moving Averages
16
5Day EMA
352.20
10Day EMA
355.60
12Day EMA
357.00
20Day EMA
361.60
26Day EMA
363.50
50Day EMA
364.80
100Day EMA
362.70
200Day EMA
353.90
Delivery & Volume
Resistance & Support
348.78
Pivot
Resistance
First Resistance
352.82
Second Resistance
359.73
Third Resistance
363.77
Support
First Support
341.87
Second support
337.83
Third Support
330.92
Relative Strength Index
39.90
Money Flow Index
29.76
MACD
-6.49
MACD Signal
-4.91
Average True Range
13.36
Average Directional Index
25.51
Rate of Change (21)
-11.01
Rate of Change (125)
0.73

Sterling Tools Ltd Company background

Founded in: 1979
Managing director: Anil Aggarwal
Sterling Tools Limited (STL), was incorporated on 7 June 1979. The Company is engaged in manufacturing and sale of high tensile (HT) cold forged fasteners mainly for automobiles. STL which has started its commercial production in 1981 has increased its installed capacity in stages over the years to level of 7500 MTPA as on 200001. It has completed an expansion project in the year 199596 by which the installed capacity for manufacturing HT Fasteners increased from 4000 tpa to 6600 tpa at a cost of Rs.10 crore mainly funded through its maiden public issue in Apr 1995. Further in 199697 and 200001 the capacity has expanded by 400 tpa and 500 tpa respectively.The company supplies to diverse segments in the auto sector like two and fourwheeler passenger transport, goods transport, tractors and farm equipment. Over the years, its clientele has expanded to include most of the major automobile OEMs. Its client list includes Eicher, Escorts, Bajaj Auto, Maruti Udyog, Hero Honda and Telco.STL has created a niche for itself as a supplier to the leaders in the various segments of the automobile industry. The company is the largest supplier of HT fasteners to Hero Honda and the secondlargest supplier to Maruti, Bajaj Auto and TELCO. STL known in the industry for its indigenous development of requisite technical skill for 14 years has wide product range which includes over 2000 types of fasteners ranging from 5 mm to 24 mm in diameter. The company obtained ISO 9002 certification during 1998 and QS 9002 during 19992000. It is in the process of installing spherodising and annealing facility for raw materials viz. steel wire rods / wires. STL is also trying to penetrate the export markets in UK, Germany, France, Belgium and Italy.The Company allotted Bonus Shares in the ratio of 1 Equity Share for every 1 existing Equity Share of the Company held by the members on 22nd November, 2005. The Companys Equity Shares were listed with National Stock Exchange of India Limited and admitted to dealing on the Exchange with effect from 2nd February, 2006.During the Year 200910, Company got into a Joint Venture Agreement with M/s Borstlap Masters in Fasteners Group B.V. (Fabory), a Netherland based Company to form a Joint Venture Company in India in ratio of 50:50. Accordingly a Joint Venture Company named Sterling Fabory India Private Limited was formed in March, 2010 in Delhi. During the financial year 201011, the Company invested Rs 1,75,00,000/ in Equity Share Capital of the Company of Sterling Fabory India Private Limited, a Joint venture Company, which started its operations in April 2010 by establishing its main Trading Setup at Faridabad with Branch office/ Warehouse at Pune. Further, during FY 201617, the Company acquired 100% shareholding of Haryana Ispat Pvt. Ltd. on 25th November, 2016. Hence the said Company became a wholly owned Subsidiary of Company w.e.f. 25th November, 2016.The fourth manufacturing facility at Vemagal Industrial Area, Kolar District, Bengaluru was made operational with an installed capacity of 6000 MT annually in FY 201819. Sterling Gtake EMobility Limited was formed as a subsidiary of Company in January 2020 for manufacturing Motor Control Units (MCUs) for Electric Vehicles on a Joint Venture arrangement basis with a China based Company named Jiangsu Gtake Electric Company Ltd. and the said Company became a Wholly Owned Subsidiary of Company in Mar 20.
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Sterling Tools Ltd FAQs

Sterling Tools Ltd shares are currently priced at 345.9 on NSE and 345.9 on BSE as of 2/20/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Sterling Tools Ltd [STERTOOLS] share was 7.43. The Sterling Tools Ltd [STERTOOLS] share hit a 1-year low of Rs. 314.55 and a 1-year high of Rs. 449.75.

The market cap of Sterling Tools Ltd is Rs. 1246.08 Cr. as of 2/20/2024 12:00:00 AM.

The PE ratios of Sterling Tools Ltd is 36.72 as of 2/20/2024 12:00:00 AM.

The PB ratios of Sterling Tools Ltd is 3.02 as of 2/20/2024 12:00:00 AM

The Mutual Fund Shareholding was 5.13% at the end of 2/20/2024 12:00:00 AM.

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