Sterling Tools Ltd. ( STERTOOLS : NSE ) Important Days For Trading & Investment 23-24 May 2022
Sterling Tools is a well-known automotive-related product manufacturer. It mainly deals with the cold forging of high tensile fasteners, including bolts, nuts, screws, and washers. Owing to their experience in the fields of the automobile industry, general engineering, consumer durables, and railways, they have gained worldwide recognition as an eminent supplier of quality automobile spares. The company was founded on 7 June 1979 and is headquartered in the Faridabad region of Haryana.
Update @ 23/05/2022
Annual Sales of Sterling Tools has increased by 33.94% to Rs 169.43 crore in March 2022 from Rs 126.49 crore in March 2021. However, the company’s net profit has dropped by 34.47% to Rs. 6.88 crore in March 2022 from Rs 10.51 crore in March 2021 (EPS = 1.91).
- Company with Low Debt
- Book Value per share Improving for last 2 years
- Company with Zero Promoter Pledge