Sterling Tools Ltd (STERTOOLS)
₹364.25
Sterling Tools Ltd share Performance
- ₹361₹373.55₹364.25
0.89%
Low
Day's Volatility:3.45%
High
2.55%
- ₹304.35₹424₹364.25
16.44%
Low
52 Weeks Volatility:32.85%
High
16.40%
| Returns % | |
| 1 Month Return | + 9.91 % |
| 3 Month Return | + 1.69 % |
| 1 Year Return | + 3.47 % |
| Market Stats | |
| Previous Close | ₹₹369.85 |
| Open | ₹₹373.55 |
| Volume | ₹65.98K |
| Upper Circuit | ₹- |
| Lower Circuit | ₹- |
| Market Cap | ₹₹1,332.36Cr |
Analyst Rating
based on 2 analysts
Based on 2 analysts offering long term price targets for Sterling Tools Ltd. An average target of ₹428.5
Source: S&P Global Market Intelligence
Company Information
STL has created a niche for itself as the largest supplier of HT fasteners to Hero Honda, and the second-largest supplier to Maruti Bajaj Auto and TELCO. They have a wide product range of over 2000 types of fasteners from 5 mm to 24 mm diameter. They have obtained ISO 9002 and QS 9002 certification in 1998 and 1999–2000 respectively. Further efforts are ongoing to penetrate export markets in the UK, Germany, France, Belgium and Italy.
Share Price: ₹364.25 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹1,332.36Cr as of today
Revenue: ₹269.25Cr as on March 2024 (Q1 24)
Net Profit: ₹16.25Cr as on March 2024 (Q1 24)
Listing date: 23 Sep, 1996
Chairperson Name: Anil Aggarwal
| Organisation | Sterling Tools Ltd |
| Headquarters | Faridabad |
| Industry | Castings, Forgings & Fastners |
| E-voting on shares | Click here to vote |
Key events for Sterling Tools Ltd
Sterling Tools Reports Strong FY24 Results; EV Division Drives Q4 Profit Growth - 13 May, 2024
Sterling Tools reported a strong FY24 performance with revenue of Rs 939 crore, up 22% YoY, and net income of Rs 553.7 million, up 16% YoY. The company's Electric Vehicle (EV) division drove Q4 profit growth, reporting a 23% increase in total income. Additionally, the company announced key leadership changes as part of its succession plan. Sterling Tools shares are up 4.1% from a week ago.
Sterling Tools Signs MoU with South Korea's Yongin Electronics - 18 Apr, 2024
Sterling Tools has signed an MoU with South Korea's Yongin Electronics to set up a new greenfield manufacturing facility for EV components. The strategic agreement is expected to generate Rs 250 crore in business over the next five years and enhance Sterling's capability to provide solutions for EV & Hybrid space.
Sterling Tools Aims for 40% Sales from EV Business by FY25 - 14 Apr, 2024
Sterling Tools aims to achieve 40% of its sales from the EV business by FY25, with strong growth momentum in Sterling Gtake E-Mobility Ltd and plans to double output by end of FY25. Sterling Gtake recently bagged its first export order in the EV space.
Fundamentals of Sterling Tools Ltd
Insights on Sterling Tools Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 1 month, STERTOOLS stock has moved up by 9.9%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 212.13 Cr → 270.19 Cr (in ₹), with an average increase of 11.4% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 28.54% to 28.73% in Mar 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, 12.46 Cr → 16.25 Cr (in ₹), with an average increase of 12.3% per quarter
NO EFFECTAgainst Peers
In the last 1 year, Safari Industries India Ltd has given 64.9% return, outperforming this stock by 61.5%
- NO EFFECT
Against Peers
In the last 3 years, Safari Industries India Ltd has given 587.0% return, outperforming this stock by 490.1%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 65.77% of holdings in Mar 2024 quarter
- NO EFFECT
FII Holding Unchanged
Foreign Institutions holdings remained unchanged at 0.01% of holdings in Mar 2024 quarter
Sterling Tools Ltd Valuation
Sterling Tools Ltd in the last 5 years
Lowest (12.81x)
September 5, 2019
Today (24.06x)
May 15, 2024
Industry (51.35x)
May 15, 2024
Highest (56.12x)
August 20, 2020
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 65.77% | 0.00 | |
| Foreign Institutions | 0.01% | 0.00 | |
| Mutual Funds | 5.13% | 0.00 | |
| Retail Investors | 28.73% | 0.00 | |
| Others | 0.36% | 0.00 |
Technicals of Sterling Tools Ltd share
News & Events of Sterling Tools Ltd
Frequently Asked Questions
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Sterling Tools Ltd (STERTOOLS) share price today is ₹364.25
Sterling Tools Ltd is listed on NSE
Sterling Tools Ltd is listed on BSE
- Today’s highest price of Sterling Tools Ltd is ₹373.55.
- Today’s lowest price of Sterling Tools Ltd is ₹361.
PE Ratio of Sterling Tools Ltd is 24.06
PE ratio = Sterling Tools Ltd Market price per share / Sterling Tools Ltd Earnings per share
Today’s traded volume of Sterling Tools Ltd(STERTOOLS) is 65.98K.
Today’s market capitalisation of Sterling Tools Ltd(STERTOOLS) is ₹1332.36Cr.
| Sterling Tools Ltd(STERTOOLS | Price |
|---|---|
52 Week High | ₹424 |
52 Week Low | ₹304.35 |
Sterling Tools Ltd(STERTOOLS) share price is ₹364.25. It is down -14.09% from its 52 Week High price of ₹424
Sterling Tools Ltd(STERTOOLS) share price is ₹364.25. It is up 19.68% from its 52 Week Low price of ₹304.35
| Sterling Tools Ltd(STERTOOLS | Returns |
|---|---|
1 Day Returns | -5.6% |
1 Month Returns | 9.91% |
3 Month Returns | 1.69% |
1 Year Returns | 3.47% |