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Sunita Tools touches 5% roof after partnering with US company, major defence orders ahead

News by Aliceblue News Desk

10 Mar 2026

Sunita Tools touches 5% roof after partnering with US company, major defence orders ahead

Introduction

Leading defence manufacturing firm signs strategic MOU with a USA-based company to support bids, documentation, and execution of 155 M107 calibre defence contracts efficiently.

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Share price movement of Sunita Tools

On March 10, 2026, Sunita Tools Ltd opened at ₹949.90, up 2.26% from its previous close of ₹928.85. The stock reached a high of ₹975.25 (5.00%) and a low of ₹939.00. By 3:28 PM, it traded at ₹975.25, a 5.00% increase, with a market cap of ₹612.50 crore.

Sunita Tools Signs USA Defence MOU

Sunita Tools Limited has signed a strategic MOU with a USA-based company. The agreement covers facilitation and support for upcoming defence tenders, including 155 M107 caliber shell orders.

The USA partner will assist Sunita Tools Limited with government liaison, documentation, regulatory approvals, local coordination, payment procedures, and other execution-related formalities for the defence contracts.

The collaboration includes commercial participation on finalized orders. The MOU aims to ensure compliance, operational efficiency, timely completion, and strengthens Sunita Tools Limited’s presence in the North American defence market.

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

Sunita Tools Ltd delivered an 8.92% return over the past week, gained 40.8% in the past 6 months, and increased 12.8% over the past 1 year.

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Shareholding pattern of Sunita Tools

ParticularsOct 2025Sep 2025Mar 2025
Promoter67.80%67.20%67.20%
FII0.00%0.00%0.00%
DII0%0.10%0.00%
Public32.10%32.70%32.80%

About Sunita Tools

Sunita Tools Limited (BSE: 544001) has over 36 years of experience, manufacturing ground plates, mould bases, and precision CNC components for automotive, aerospace, defence, and other industries.

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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

Q: Why is Sunita Tools Limited share price rising today?

A: Sunita Tools Limited signs MOU with USA-based company to support bids, documentation, and execution of 155 M107 calibre defence contracts.

Q: What is Sunita Tools Limited’s main business focus?

A: Sunita Tools Limited specializes in manufacturing ground plates, mould bases, and precision CNC components for automotive, aerospace, defence, and other industries.

Q: What are the 52-week high and low of Sunita Tools Limited stock?

A: Sunita Tools Limited stock’s 52-week high is ₹1,063.80 and 52-week low is ₹552.45.

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