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STI India Ltd.

BSE: 513151 Sector: Industrials
NSE: STINDIA ISIN Code: INE090C01019
BSE 09:57 | 19 Jan 20.20 -0.95
(-4.49%)
OPEN

20.20

HIGH

20.20

LOW

20.20

NSE 13:00 | 23 Jan 19.60 -0.15
(-0.76%)
OPEN

19.75

HIGH

19.75

LOW

18.80

OPEN 20.20
PREVIOUS CLOSE 21.15
VOLUME 19
52-Week high 28.11
52-Week low 12.25
P/E
Mkt Cap.(Rs cr) 59
Buy Price 0.00
Buy Qty 0.00
Sell Price 20.20
Sell Qty 81.00
OPEN 20.20
CLOSE 21.15
VOLUME 19
52-Week high 28.11
52-Week low 12.25
P/E
Mkt Cap.(Rs cr) 59
Buy Price 0.00
Buy Qty 0.00
Sell Price 20.20
Sell Qty 81.00

STI India Ltd. (STINDIA) - Company History

STI India Ltd., earlier known as STI Biplus Tubing, was incorporated on 7 Aug.'84. R B Baheti and K N Garg, along with Steel Tubes of India, promoted the company with technical and financial collaboration from Carl Froh Rohrenwear, Germany. It is engaged in the production of double-walled copper brazed tubes. It also manufactures value-added products like condenser coils, diesel fuel injection tubes and serpentine coils. The products of the company find wide application in refrigerators, automobiles, heating elements, sheathing, oil-burner lines, lubrication lines, and fuel injection lines. The company has a foreign collaboration with Sanoh Industrial Company, Japan. The company, incorporate a new company in the name of STI India Vidyut Private Ltd to 20th Jul.97, to implement the captive power plant. During 1997-98, STI Sanoh India Ltd. was floated in joint venture agreement with Sanoh Industrial Company Ltd. Japan.During 1998-99, the company commissioned its full capacity of 67440 spindles and 12 knitting machines. In 1999-2000, the company was converted into a 100% Export Oriented Unit (EOU) and has gained the status of `Trading House'. The company has started Satellite plant at Chennai to cater to the southern markets.