Date: 28 Apr 2023
Castings, Forgings & Fastners
Sector |
Market Cap |
No of Companies |
Castings, Forgings & Fastners |
121500.95 |
46 |
NetWorth |
27414.01 |
TTM Sales |
46737.38 |
TTM Sales Var (%) |
31.71 |
Debt |
14825.72 |
TTM OP |
6072.21 |
TTM NP Var (%) |
3.93 |
Capital Employed |
45735.39 |
TTM OPM (%) |
14.55 |
EV/TM Sales |
2.60 |
Net Block |
20268.10 |
TTM PATM (%) |
5.99 |
EV/TTM EBITDA |
22.04 |
Current Assets |
27121.59 |
Debt / Equity |
0.54 |
P/E |
43.40 |
ROCE (%) |
24.38 |
RONW (%) |
10.21 |
P/B |
4.43 |
The above figures are in Rs. Crores as of 28 Apr 2023
TTM ended December 2022
|
28 Apr 2023 |
30 Apr 2022 |
30 Apr 2021 |
MoM Var. (%) |
YoY Var. (%) |
Sector Marketcap |
121497.76 |
92681.24 |
76796.41 |
31.09 |
58.21 |
Total Marketcap |
27290803.1 |
26851884.57 |
22393056.31 |
1.63 |
21.87 |
Sector's share |
0.45 |
0.35 |
0.34 |
0.1 |
0.11 |
Sector No of companies |
45 |
44 |
41 |
1 |
4 |
Total Listed companies |
4254 |
4116 |
3984 |
138 |
270 |
Sector's share |
1.06 |
1.07 |
1.03 |
-0.01 |
0.03 |
Nifty 50 |
18065 |
17359.75 |
17102.55 |
4.06 |
5.63 |
Gainers |
| Company Name |
28/04/2023 |
28/03/2023 |
Var% |
| Carnation Inds. |
5.82 |
3.59 |
62.12 |
| Hilton Met.Forg. |
148.05 |
99.50 |
48.79 |
| Palco Metals Ltd |
81.84 |
56.00 |
46.14 |
| National Fitting |
86.46 |
59.35 |
45.68 |
| Nitin Castings |
304.15 |
231.05 |
31.64 |
Losers |
| Company Name |
28/04/2023 |
28/03/2023 |
Var% |
| DCM |
63.45 |
72.45 |
-12.42 |
| AIA Engineering |
2721.45 |
2880.05 |
-5.51 |
| Universal Auto. |
151.60 |
153.80 |
-1.43 |
| M M Forgings |
836.70 |
843.15 |
-0.76 |
During the month of April 2023, Castings, Forgings & Fastners sector’s Marketcap increased 31.09% to Rs 121497.76 crore, compared to 1.63% rise in total listed marketcap to Rs 27290803.1 crore.
Sector’s share of total listed marketcap moved to 0.45% in April 2023 from 0.35% in April 2022 and 0.34% in April 2021.
In terms of price appreciation in the sector, there were 35 gainers and 4 losers in the month of Apr 2023. The gainers accounted for 76.09% of sector companies, losers accounted for 8.70% of sector companies, while 7% remained unchanged.
The top 3 gainers were Carnation Inds. (62.12% gain), Hilton Met.Forg. (48.79% gain) and Palco Metals Ltd (46.14% gain).
The 3 losers at the bottom were DCM (-12.42% fall), AIA Engineering (-5.51% fall) and Universal Auto. (-1.43% fall).
During the month Investment & Precision Castings Ltd, Ramkrishna Forgings Ltd and Mahindra CIE Automotive Ltd announced their results. Of these Mahindra CIE Automotive Ltd reported rise in net profit attributable to shareholders. Companies like Ramkrishna Forgings Ltd reported fall in net profit attributable to shareholders.
Companies like Investment & Precision Castings Ltd reported loss to profit
During the month Bharat Forge Ltd, DCM Ltd, Electrosteel Castings Ltd, Sundram Fasteners Ltd, Tayo Rolls Ltd, Bhagwati Autocast Ltd, Uni Abex Alloy Products Ltd, Taparia Tools Ltd, Nitin Castings Ltd, Investment & Precision Castings Ltd, Metalyst Forgings Ltd, Krishanveer Forge Ltd, EL Forge Ltd, Simmonds Marshall Ltd, Smiths & Founders (India) Ltd, Aditya Forge Ltd, Simplex Castings Ltd, Kalyani Forge Ltd, Steelcast Ltd, Pradeep Metals Ltd, M M Forgings Ltd, Magna Electro Castings Ltd, Porwal Auto Components Ltd, KIC Metaliks Ltd, Jayaswal Neco Industries Ltd, Sterling Tools Ltd, Carnation Industries Ltd, Akar Auto Industries Ltd, PTC Industries Ltd, National Fittings Ltd, Nelcast Ltd, Creative Castings Ltd, AIA Engineering Ltd, Palco Metals Ltd, Ramkrishna Forgings Ltd, Mahindra CIE Automotive Ltd, Hilton Metal Forging Ltd, LGB Forge Ltd, Samrat Forgings Ltd, Universal Autofoundry Ltd, Dekson Castings Ltd, Captain Technocast Ltd, Tirupati Forge Ltd, Poojawestern Metaliks Ltd, Ganga Forging Ltd, Synergy Green Industries Ltd, Pritika Engineering Components Ltd and De Neers Tools Ltd filed their shareholding patterns.
FIIs increased their shareholding in Mahindra CIE Automotive Ltd from 7.29% to 8.62%, Ramkrishna Forgings Ltd from 14.00% to 14.81%, M M Forgings Ltd from 1.16% to 1.65%, AIA Engineering Ltd from 17.78% to 18.04%, Sterling Tools Ltd from 0.01% to 0.06% and Nelcast Ltd from 0.85% to 0.88%. FIIs reduced their shareholding in Sundram Fasteners Ltd from 11.67% to 11.64%, Hilton Metal Forging Ltd from 0.04% to 0.00%, DCM Ltd from 0.11% to 0.00%, Steelcast Ltd from 0.25% to 0.09%, Electrosteel Castings Ltd from 15.13% to 14.69%, Tirupati Forge Ltd from 0.66% to 0.00%, Bharat Forge Ltd from 17.88% to 16.17% and Synergy Green Industries Ltd from 9.88% to 5.92%.
DIIs increased their shareholding in Mahindra CIE Automotive Ltd from 7.34% to 10.77%, Bharat Forge Ltd from 24.54% to 25.67%, M M Forgings Ltd from 16.44% to 16.81% and Ramkrishna Forgings Ltd from 3.31% to 3.41%. DIIs reduced their shareholding in Sundram Fasteners Ltd from 18.53% to 18.51%, AIA Engineering Ltd from 20.35% to 20.31%, Electrosteel Castings Ltd from 1.77% to 1.63% and DCM Ltd from 4.15% to 3.98%.
Promoters increased their shareholding in Bhagwati Autocast Ltd from 73.44% to 73.75% and KIC Metaliks Ltd from 66.08% to 66.19%. Promoters reduced their shareholding in Hilton Metal Forging Ltd from 28.07% to 28.00% and Mahindra CIE Automotive Ltd from 74.96% to 68.89%.
During the month Annual reports of Bharat Forge Ltd, DCM Ltd, SKS Fasteners Ltd, Electrosteel Castings Ltd, ISPL Industries Ltd, J S Auto Cast Foundry India Pvt Ltd, Sundram Fasteners Ltd, Tayo Rolls Ltd, Bhagwati Autocast Ltd, Poojawestern Metaliks Ltd, Uni Abex Alloy Products Ltd, Amex Alloys Pvt Ltd, Ganga Forging Ltd, Oswal Castings Pvt Ltd, Kumar Autocast Ltd, Taparia Tools Ltd, Synergy Green Industries Ltd, Gala Precision Engineering Pvt Ltd, Abhishek Alloys Pvt Ltd, Nitin Castings Ltd, Hiten Fasteners Pvt Ltd, Siderforgerossi India Pvt Ltd, Investment & Precision Castings Ltd, Veltech Forging Ltd, Sivanandha Steels Ltd, Metalyst Forgings Ltd, Pitti Castings Pvt Ltd, Krishanveer Forge Ltd, EL Forge Ltd, A Raymond Fastners India Pvt Ltd, Pritika Engineering Components Ltd, De Neers Tools Ltd, Simmonds Marshall Ltd, Hanchang India Pvt Ltd, AMA India Enterprises Pvt Ltd, Honsberg Saws India Pvt Ltd, Techno Forge Ltd, Smiths & Founders (India) Ltd, Ganesh Foundry & Castings Ltd, Aditya Forge Ltd, Simplex Castings Ltd, Kalyani Forge Ltd, Steelcast Ltd, Pradeep Metals Ltd, M M Forgings Ltd, Magna Electro Castings Ltd, Porwal Auto Components Ltd, KIC Metaliks Ltd, Jayaswal Neco Industries Ltd, Sterling Tools Ltd, Carnation Industries Ltd, Akar Auto Industries Ltd, PTC Industries Ltd, Oswal Industries Ltd, National Fittings Ltd, Lamina Foundries Ltd, Wheelabrator Alloy Castings Ltd, Mohindra Fasteners Ltd, Gazebo Industries Ltd, Nelcast Ltd, Creative Castings Ltd, Kolhapur Steel Ltd, AIA Engineering Ltd, Anup Malleables Ltd, Shri Balaji Industrial Products Ltd, Ramkrishna Forgings Ltd, Happy Forgings Ltd, Sadhu Forgings Ltd, Sanmar Matrix Metals Ltd, Shree Ganesh Forgings Ltd, Mahindra CIE Automotive Ltd, Hilton Metal Forging Ltd, LGB Forge Ltd, Vishnu Forge Industries Ltd, Munjal Kiriu Industries Pvt Ltd, Samrat Forgings Ltd, Borgwarner Emissions Systems India Pvt Ltd, MS Agarwal Foundries Pvt Ltd, Arcvac Forgecast Ltd, Sanghvi Forging & Engineering Ltd, Bhagwati Steelcast Ltd, Ravi Technoforge Pvt Ltd, CHW Forge Pvt LTd, Right Tight Fastners Pvt Ltd, Western India Forgings Pvt Ltd, Mahavir Rolling Mill Ltd, Nexo Industries Pvt Ltd, Paranjape Autocast Pvt Ltd, Vinir Engineering Pvt Ltd, Universal Autofoundry Ltd, Super Screws Pvt Ltd, Bhagwati Spherocast Pvt Ltd, Prashant Castings Pvt Ltd, Himgiri Castings Pvt Ltd, SE Forge Ltd, Dekson Castings Ltd, Posco-India Pvt Ltd, Captain Technocast Ltd, Tirupati Forge Ltd and Kalyani Technoforge Ltd were updated in Capitaline.
