Sector Trends     30-Aug-22
Sector
Castings, Forgings &Fastners

Sector

Market Cap

No of Companies

Castings, Forgings &Fastners

133349.32

45


Net worth

28433.09

TTM Sales

44310.52

TTM Sales Var (%)

33.66

Debt

14345.11

TTM OP

6959.76

TTM NP Var (%)

38.94

Capital Employed

45701.07

TTM OPM (%)

17.46

EV/TM Sales

3.01

Net Block

21331.01

TTM PATM (%)

8.96

EV/TTM EBITDA

20.89

Current Assets

26123.99

Debt / Equity

0.50

P/E

33.57

ROCE (%)

26.99

RONW (%)

13.97

P/B

4.69


The above figures are in Rs. Crores as of 29 Aug 2022

TTM ended June 2022

 

29 Aug 2022

31 Jul 2022

31 Aug 2021

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

133345.63

134455.54

125040.01

-0.83

6.64

Total Marketcap

27532531.66

26749365.5

25214604.67

2.93

9.19

Sector's share

0.48

0.5

0.5

-0.02

-0.02

Sector No of companies

44

45

45

-1

-1

Total Listed companies

4141

4101

4036

40

105

Sector's share

1.06

1.1

1.11

-0.04

-0.05

Nifty 50

17312.9

17158.25

17132.2

0.9

1.05

Gainers

Company Name

29/08/2022

29/07/2022

Var%

Magna Electrocas

376.05

190.60

97.30

DCM

68.85

45.05

52.83

Hilton Met.Forg.

66.00

46.95

40.58

Universal Auto.

116.55

85.40

36.48

PTC Industries

2284.20

1787.60

27.78

Losers

Company Name

29/08/2022

29/07/2022

Var%

Sterling Tools

209.00

271.95

-23.15

Rajkumar Forge

41.95

49.00

-14.39

JayaswalNeco

21.85

24.20

-9.71

Sona BLW Precis.

518.80

568.25

-8.70

KIC Metaliks

43.55

47.10

-7.54

During the month of August 2022, Castings, Forgings &Fastners sector's Marketcap decreased -0.83% to Rs 133345.63 crore, compared to 2.93% rise in total listed marketcap to Rs 27532531.66 crore.

Sector's share of total listed marketcap moved to 0.48% in August 2022 from 0.5% in July 2022 and 0.5% in August 2021.

In terms of price appreciation in the sector, there were 23 gainers and 15 losers in the month of Aug 2022. The gainers accounted for 51.11% of sector companies, losers accounted for 33.33% of sector companies, while 7% remained unchanged.

The top 3 gainers were Magna Electrocas (97.30% gain), DCM (52.83% gain) and Hilton Met.Forg. (40.58% gain).

The 3 losers at the bottom were Sterling Tools (-23.15% fall), Rajkumar Forge (-14.39% fall) and JayaswalNeco (-9.71% fall).

During the month Bharat Forge Ltd, DCM Ltd, Electrosteel Castings Ltd, Tayo Rolls Ltd, Bhagwati Autocast Ltd, PoojawesternMetaliks Ltd, Ganga Forging Ltd, Uni Abex Alloy Products Ltd, Synergy Green Industries Ltd, Taparia Tools Ltd, Nitin Castings Ltd, Investment & Precision Castings Ltd, Rajkumar Forge Ltd, EL Forge Ltd, Simmonds Marshall Ltd, Smiths & Founders (India) Ltd, Aditya Forge Ltd, Simplex Castings Ltd, Kalyani Forge Ltd, Steelcast Ltd, M M Forgings Ltd, Magna Electro Castings Ltd, Porwal Auto Components Ltd, KIC Metaliks Ltd, JayaswalNeco Industries Ltd, Sterling Tools Ltd, Carnation Industries Ltd, Akar Auto Industries Ltd, PTC Industries Ltd, Mohindra Fasteners Ltd, Nelcast Ltd, Creative Castings Ltd, AIA Engineering Ltd, Palco Metals Ltd, Hilton Metal Forging Ltd, LGB Forge Ltd, Samrat Forgings Ltd and Tirupati Forge Ltd announced their results. Of these Bharat Forge Ltd, Electrosteel Castings Ltd, Bhagwati Autocast Ltd, Uni Abex Alloy Products Ltd, Taparia Tools Ltd, PoojawesternMetaliks Ltd, Kalyani Forge Ltd, Steelcast Ltd, M M Forgings Ltd, Magna Electro Castings Ltd, Sterling Tools Ltd, Akar Auto Industries Ltd, Nelcast Ltd, Creative Castings Ltd, AIA Engineering Ltd, Samrat Forgings Ltd and Tirupati Forge Ltd reported rise in net profit attributable to shareholders. Companies like JayaswalNeco Industries Ltd, KIC Metaliks Ltd, PTC Industries Ltd, Nitin Castings Ltd, Investment & Precision Castings Ltd, Ganga Forging Ltd and Smiths & Founders (India) Ltd reported fall in net profit attributable to shareholders.

Companies like Hilton Metal Forging Ltd reported loss to profit and Carnation Industries Ltd, Rajkumar Forge Ltd, DCM Ltd, LGB Forge Ltd, Synergy Green Industries Ltd and Simplex Castings Ltd reported profit to loss.

Steelcast Ltd, Magna Electro Castings Ltd and Kalyani Forge Ltd became ex-dividend.

FIIs increased their shareholding in Electrosteel Castings Ltd from 16.36% to 16.69%, AIA Engineering Ltd from 18.08% to 18.13%, Ramkrishna Forgings Ltd from 13.51% to 13.56%, Sundram Fasteners Ltd from 11.70% to 11.74%, M M Forgings Ltd from 0.78% to 0.83% and Sterling Tools Ltd from 0.00% to 0.01%. FIIs reduced their shareholding in Nelcast Ltd from 0.17% to 0.03%, Bharat Forge Ltd from 19.80% to 18.82% and Mahindra CIE Automotive Ltd from 10.66% to 6.85%.

DIIs increased their shareholding in Bharat Forge Ltd from 23.38% to 24.23%, Mahindra CIE Automotive Ltd from 7.02% to 7.73%, Sona BLW Precision Forgings Ltd from 14.32% to 14.39% and Sundram Fasteners Ltd from 17.56% to 17.60%. DIIs reduced their shareholding in Electrosteel Castings Ltd from 2.10% to 1.97%, AIA Engineering Ltd from 20.27% to 20.11%, Ramkrishna Forgings Ltd from 5.37% to 4.93% and M M Forgings Ltd from 19.11% to 17.59%.

Promoters increased their shareholding in Mahindra CIE Automotive Ltd from 72.17% to 74.87%, KIC Metaliks Ltd from 64.71% to 65.89%, Bhagwati Autocast Ltd from 73.14% to 73.32%, PoojawesternMetaliks Ltd from 70.30% to 70.43%, Synergy Green Industries Ltd from 74.14% to 74.16% and Rajkumar Forge Ltd from 72.45% to 72.47%. Promoters reduced their shareholding in Tirupati Forge Ltd from 58.78% to 57.59% and Hilton Metal Forging Ltd from 47.33% to 39.26%.

During the month Annual reports of Bharat Forge Ltd, Electrosteel Castings Ltd, J S Auto Cast Foundry India Pvt Ltd, ISPL Industries Ltd, Sundram Fasteners Ltd, Bhagwati Autocast Ltd, Oswal Castings Pvt Ltd, Taparia Tools Ltd, Abhishek Alloys Pvt Ltd, Veltech Forging Ltd, Pitti Castings Pvt Ltd, Sivanandha Steels Ltd, Metalyst Forgings Ltd, Rajkumar Forge Ltd, Ganesh Foundry & Castings Ltd, Kalyani Forge Ltd, Steelcast Ltd, Pradeep Metals Ltd, M M Forgings Ltd, Magna Electro Castings Ltd, Oswal Industries Ltd, National Fittings Ltd, Lamina Foundries Ltd, Wheelabrator Alloy Castings Ltd, Gazebo Industries Ltd, Nelcast Ltd, Kolhapur Steel Ltd, Sona BLW Precision Forgings Ltd, AIA Engineering Ltd, Anup Malleables Ltd, Shri Balaji Industrial Products Ltd, Happy Forgings Ltd, Shree Ganesh Forgings Ltd, Mahindra CIE Automotive Ltd, Hilton Metal Forging Ltd, Vishnu Forge Industries Ltd, Borgwarner Emissions Systems India Pvt Ltd, MS Agarwal Foundries Pvt Ltd, Sanghvi Forging & Engineering Ltd, Ravi Technoforge Pvt Ltd, CHW Forge Pvt LTd, Right Tight Fastners Pvt Ltd, Super Screws Pvt Ltd, Prashant Castings Pvt Ltd, Himgiri Castings Pvt Ltd, SE Forge Ltd, Dekson Castings Ltd and Posco-India Pvt Ltd were updated in Capitaline.

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