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Trades about 5% below its sector, cheaper than its peers on earnings.
Setco Automotive Limited is a global manufacturer and supplier of clutch systems primarily designed for commercial vehicles. Beyond its core clutch products and systems, the company also produces pressure converters and various precision-engineered components. These offerings are predominantly marketed under its well-known LIPE and Lava Cast brand names. Setco Automotive caters to a broad range of sectors, including commercial and military trucks, heavy-duty to light-duty transportation, marine, off-highway, and agricultural equipment. Established in 1982, the company was initially known as Gujrat Setco Clutch Limited before officially rebranding as Setco Automotive Limited in November 2005. Its headquarters are located in Mumbai, India.
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