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Sunita Tools is currently trading at Rs. 699.70, up by 31.70 points or 4.75% from its previous closing of Rs. 668.00 on the BSE.

The scrip opened at Rs. 684.90 and has touched a high and low of Rs. 701.40 and Rs. 684.90 respectively. So far 7500 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 804.05 on 05-Jul-2024 and a 52 week low of Rs. 116.50 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 715.10 and Rs. 662.00 respectively. The current market cap of the company is Rs. 427.52 crore.

The promoters holding in the company stood at 72.98%, while Non-Institutions held 27.02% stake in the company.

Sunita Tools has commenced trial manufacturing and production at the new facility of its subsidiary company, Sunita Leoquip Aerospace, located in Zak, Ahmedabad. The modern, state-of-the-art factory spans over 10,000 sq ft and currently houses over 19 advanced machines. Situated just 20 minutes from Ahmedabad airport in the Zak GIDC area, the facility boasts all the modern infrastructure and amenities required for a cutting-edge industrial operation. This strategic location ensures easy accessibility and convenience for its operations and clients.

The trial run will test the advanced technology, precision, and efficiency of the installed machines before commencing full-scale production on customer orders. This phase is crucial to ensuring that its processes meet the highest standards of quality and reliability that its customers expect.

With this new facility, Sunita Tools reinforces its position at the forefront of the industry. The company is now better equipped to meet the evolving demands of its customers with enhanced precision and capability, not only in the Mouldbase industry but also in the Defence and Aerospace sectors.

Sunita Tools has been in the Engineering and Mould base Industry for more than three decades providing one of its kind customized solutions to various industries.