Sterling Tools partners with China’s Nanjing Haohang for ARAS technologySterling Tools partners with China’s Nanjing Haohang for ARAS technology

Introduction

Leading automotive components provider entered technology collaboration with China-based firm for Advanced Rider Assistance Systems development for India’s two-wheeler safety market.

Also Read: Ashoka Buildcon clinches overseas infrastructure deal in Angola

Share price movement of Sterling Tools

On April 27, 2026, Sterling Tools Ltd opened at ₹245.00, down 3.48% from its previous close of ₹245.80. The stock reached a high of ₹269.80 (9.74%) and a low of ₹243.40. By 3:32 PM, it traded at ₹254.25, a 3.44% increase, with a market cap of ₹924.06 crore.

Sterling Tools ARAS partnership deal 

Sterling Tools Limited entered Technology Collaboration Agreement and Supply Agreement with Nanjing Haohang for development of Advanced Rider Assistance Systems for India’s two-wheeler automotive market announced today.

Agreement covers ARAS technology similar to ADAS for cars using sensors, software and control systems Sterling Tools will handle local engineering manufacturing adaptation and sales in India market.

Collaboration combines Haohang technology platform with Sterling Tools market expertise enabling deployment of production-ready safety systems for two-wheelers across India automotive industry at scale under agreement terms.

Stock performance of Sterling Tools for period of 1 week, 6 months, and 1 year

Sterling Tools Ltd delivered a 1-week return of -1.68%, a 6-month return of -22.8%, and a 1-year return of -24.2%.

Also Read: Krystal Integrated Services associate wins major Maharashtra rooftop solar BOOT contract; stock rallies 12%

Shareholding pattern of Sterling Tools

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	64.90%	65.20%	65.00%
FII	0%	0.10%	0.20%
DII	0.30%	0.10%	0.00%
Public	34.60%	34.60%	34.80%

About Sterling Tools

Sterling Tools Limited (NSE: STERTOOLS) manufactures automotive fasteners and EV powertrain solutions, serving OEMs across passenger, commercial, and electric vehicle segments through subsidiaries.

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs