Business Standard

Sterling Tools receives affirmation in LT rating

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Sterling Tools (STL) has been awarded the long-term rating of [ICRA]AA- (Positive). The outlook has been revised from Stable to Positive by ICRA. This upgrade is driven by STL's strong credit profile and robust growth in the electric vehicle (EV) components segment, which has led to increased diversification of STL's earnings.

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First Published: Nov 19 2024 | 7:20 PM IST

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