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STI India Ltd.

BSE: 513151 Sector: Industrials
NSE: STINDIA ISIN Code: INE090C01019
BSE 00:00 | 16 Aug 12.62 0
(0.00%)
OPEN

12.15

HIGH

12.75

LOW

12.15

NSE 00:00 | 17 Aug 13.45 -0.45
(-3.24%)
OPEN

12.75

HIGH

14.50

LOW

12.75

OPEN 12.15
PREVIOUS CLOSE 12.62
VOLUME 600
52-Week high 27.25
52-Week low 11.50
P/E
Mkt Cap.(Rs cr) 37
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 12.15
CLOSE 12.62
VOLUME 600
52-Week high 27.25
52-Week low 11.50
P/E
Mkt Cap.(Rs cr) 37
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

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.