Setco Automotive moves up on launching Load Cushion, Torque Rod Bush
This strategic expansion strengthens Setco’s presence in the commercial vehicle space

Setco Automotive is currently trading at Rs. 17.00, up by 0.19 points or 1.13% from its previous closing of Rs. 16.81 on the BSE.
The scrip opened at Rs. 16.90 and has touched a high and low of Rs. 17.65 and Rs. 16.35 respectively. So far 9554 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 21.66 on 27-Mar-2025 and a 52 week low of Rs. 9.29 on 01-Nov-2024.
Last one week high and low of the scrip stood at Rs. 17.77 and Rs. 16.31 respectively. The current market cap of the company is Rs. 227.40 crore.
The promoters holding in the company stood at 59.25%, while Institutions and Non-Institutions held 0.07% and 40.67% respectively.
Setco Automotive has entered into suspension solutions for MHCV Segment and launched the Load Cushion and Torque Rod Bush. This strategic expansion strengthens Setco’s presence in the commercial vehicle space, reinforcing its commitment to engineering excellence, durability, and performance. Engineered to perform across demanding terrains, both products offer improved vehicle stability, ride comfort, and shock absorption. They are manufactured using high-grade rubber and robust rubber-to-metal bonding, ensuring long-term reliability for OEMs and the aftermarket.
A Load Cushion is a critical suspension component placed between the chassis and axle or leaf spring assembly. It is designed to absorb vertical loads and road shocks, particularly during heavy-duty operations, thereby helping to maintain ride comfort and structural balance. Load Cushions are commonly used in heavy commercial vehicles (HCVs), trailers, and tippers that utilize bogie suspensions.
The Torque Rod Bush is a vital suspension component used in commercial vehicles such as trucks, trailers, and buses. It is mounted at both ends of the torque rod, which connects the axle to the vehicle chassis. This bush acts as a cushion that absorbs and isolates road vibrations and shocks, dampen sudden moments and loads, braking, or road bumps. The bush allows for controlled movement and flexibility while maintaining structural alignment. Torque Rod Bushes are used in heavy and medium commercial vehicles, including trucks and buses, and are found at both ends of the torque rod, linking the axle to the chassis or frame.
Setco Automotive is a premier manufacturer of clutch products for the Automotive and hydraulic products for Construction Equipment Industry.