'

Sterling Tools hosted a conference call on May 14, 2025. In the conference call, Mr. Atul Aggarwal – Managing Director, Mr. Jaideep Wadhwa – Director, and Mr. Pankaj Gupta – Chief Financial Officer, represented the company.

Key takeaways of the call

The company, through its subsidiary Sterling Gtake Electro Mobility (SGEM), has ventured into the development, manufacturing, and marketing of rare earth magnet-free traction motors for electric vehicles. To support this initiative, the company has signed a technology licensing agreement with Advanced Electric Machines (AEM), UK, for manufacturing these motors at its Faridabad facility. Advanced Electric Machines was founded in 2017, when it was spun out from Newcastle University’s world-class electric motor research team, led by AEM’s CEO, Dr James Widmer, and CTO, Dr Andy Steven.

Through the introduction of a mature an...

• 

  (05-Feb-2025)

  Castrol India

  Expects EBITDA margin of 22%-25% for CY25
• 

  (10-Feb-2023)

  Deepak Nitrite

  Plans capex of about Rs 1500 crore for FY23 and FY24
• 

  (09-Feb-2023)

  Mayur Uniquoters

  Targets revenue of Rs 1000 crore in FY24
• 

  (31-Jan-2023)

  Tega industries

  Capex plan is US$ 30-32 million for next three years