Sunita Tools Ltd — Important, 08-07-2026: Company Update

Sunita Tools is transforming into a Defence & Industrial Powerhouse, leveraging 40+ years in precision engineering. India's defence manufacturing is booming, hitting ₹146,000 Cr in FY25 and projected to reach ₹300,000 Cr by FY29, with private players growing fastest. The company's Line 1 for 155mm artillery shells is ready, producing 1,20,000 shells annually, with Line 2 expanding capacity further. They've acquired New Mould Innovations in the USA for advanced grease cartridges, targeting a market over $500 million. Future plans include complete explosives-filled shells, new drone/packaging acquisitions, backed by capital infusion.