Shining Tools Ltd.
BBSE:SHTL162.45
INR
-8.55
(-5.00%)
Shining Tools Ltd.
BSE:SHTL
(Bombay Stock Exchange)
Recent
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162.45
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ROIC.AI
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- Business
- Shining Tools Limited is an India-based engineering and industrial manufacturing company primarily engaged in the design, production, marketing, and distribution of high-precision cutting tools, threading tools, and industrial tooling solutions. Founded in 1993 and headquartered in Rajkot, Gujarat, India, the company operates within the industrial machinery and metalworking equipment sector, serving a diverse client base across automotive manufacturing, aerospace components, heavy machinery, defense engineering, and general fabrication industries. Shining Tools Limited manufactures and markets a comprehensive portfolio of precision tooling products, including high-speed steel (HSS) cutting tools; solid carbide cutting tools; ground thread taps, machine taps, and hand taps; thread rolling dies and circular thread rolls; tangential and radial chasers; solid carbide and HSS end mills; slot drills, center drills, and twist drills; reamers and countersinks; milling cutters and gear hobs; tool holders and adapters; and custom-engineered tooling solutions designed to meet specialized component machining requirements. The company distributes its products domestically across major industrial manufacturing hubs in India and exports select product lines to overseas markets. In recent developments, Shining Tools Limited has undertaken strategic modernization and operational enhancement initiatives across its Rajkot production facilities, investing in advanced computerized numerical control (CNC) tool grinding machinery, automated inspection systems, and advanced surface coating technologies to enhance tool durability, performance, and cutting efficiency. The company has also expanded its product portfolio to include high-performance coated solid carbide tooling for high-speed machining applications, while optimizing its supply chain and dealership network across key industrial corridors to broaden market reach and improve delivery timelines. Furthermore, the company continues to implement operational streamlining measures, focusing on production cost optimization, enhanced quality assurance protocols, and strategic alignment with domestic industrial manufacturing growth initiatives.