Stock of this auto ancillary company has zoomed 38% in 3 days

In the past eight months, it has more-than-doubled or zoomed 203 per cent from Rs 116.05, which it had touched on May 12, 2022

Shares of Sterling Tools rallied 20 per cent to hit a four-year high of Rs 351.25 in Wednesday’s intra-day trade, amid heavy volumes. In the past three trading days, the stock of auto ancillary company zoomed 38 per cent. It traded at its highest level since January 2018. In comparison, the S&P BSE Sensex was up 0.10 per cent at 60,180 at 01:18 PM.

In the past three months, the stock price of Sterling Tools surged 66 per cent, as against 5 per cent rise in the benchmark index. In the past eight months, it has more-than-doubled or zoomed