Date: 28 Jul 2023

Castings, Forgings & Fastners

Sector	Market Cap	No of Companies
Castings, Forgings & Fastners	133340.65	47

 

NetWorth	28537.50	TTM Sales	75497.68	TTM Sales Var (%)	28.99
Debt	40096.21	TTM OP	9578.03	TTM NP Var (%)	16.90
Capital Employed	75337.32	TTM OPM (%)	13.94	EV/TM Sales	1.77
Net Block	25990.99	TTM PATM (%)	4.03	EV/TTM EBITDA	17.40
Current Assets	45424.74	Debt / Equity	1.41	P/E	43.80
ROCE (%)	30.39	RONW (%)	10.67	P/B	4.67

The above figures are in Rs. Crores as of 28 Jul 2023

TTM ended March 2023

	28 Jul 2023	30 Jun 2022	30 Jun 2021	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	133340.65	83730.22	84043.7	59.25	58.66
Total Marketcap	31036906.69	24485519.96	23749080.28	26.76	30.69
Sector's share	0.43	0.34	0.35	0.09	0.08
Sector No of companies	47	43	43	4	4
Total Listed companies	4333	4108	4032	225	301
Sector's share	1.08	1.05	1.07	0.03	0.01
Nifty 50	19646.05	19189.05	17158.25	2.38	14.5

 

Gainers
Company Name	28/07/2023	28/06/2023	Var%
Magna Electrocas	482.75	359.10	34.43
KIC Metaliks	58.17	45.39	28.16
Jayaswal Neco	29.00	23.46	23.61
Ramkrishna Forg.	541.80	450.00	20.40
DCM	80.70	69.18	16.65
Losers
Company Name	28/07/2023	28/06/2023	Var%
PTC Industries	3916.90	4599.80	-14.85
Krishanveer Forg	50.15	56.31	-10.94
CIE Automotive	473.75	518.65	-8.66
Akar Auto Indust	88.94	96.08	-7.43
Palco Metals Ltd	55.00	58.84	-6.53

 

During the month of July 2023, Castings, Forgings & Fastners sector’s Marketcap increased 59.25% to Rs 133340.65 crore, compared to 26.76% rise in total listed marketcap to Rs 31036906.69 crore.

Sector’s share of total listed marketcap moved to 0.43% in July 2023 from 0.34% in June 2022 and 0.35% in June 2021.

In terms of price appreciation in the sector, there were 25 gainers and 14 losers in the month of Jul 2023. The gainers accounted for 53.19% of sector companies, losers accounted for 29.79% of sector companies, while 8% remained unchanged.

The top 3 gainers were Magna Electrocas (34.43% gain), KIC Metaliks (28.16% gain) and Jayaswal Neco (23.61% gain).

The 3 losers at the bottom were PTC Industries (-14.85% fall), Krishanveer Forg (-10.94% fall) and CIE Automotive (-8.66% fall).

During the month TVS Holdings Ltd, Ramkrishna Forgings Ltd and CIE Automotive India Ltd announced their results. Of these Ramkrishna Forgings Ltd and CIE Automotive India Ltd reported rise in net profit attributable to shareholders. Companies like TVS Holdings Ltd reported fall in net profit attributable to shareholders.

During the month Taparia Tools Ltd became ex-bonus.

Bharat Forge Ltd, Nelcast Ltd, Pradeep Metals Ltd and Steelcast Ltd became ex-dividend.

During the month Bharat Forge Ltd, DCM Ltd, Electrosteel Castings Ltd, TVS Holdings 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, CIE Automotive India 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 Ramkrishna Forgings Ltd from 14.81% to 16.35%, Hilton Metal Forging Ltd from 0.00% to 0.39%, Electrosteel Castings Ltd from 14.69% to 14.93%, Steelcast Ltd from 0.09% to 0.26%, TVS Holdings Ltd from 0.81% to 0.97% and AIA Engineering Ltd from 18.04% to 18.05%. FIIs reduced their shareholding in Sterling Tools Ltd from 0.06% to 0.03%, Nelcast Ltd from 0.88% to 0.79%, Akar Auto Industries Ltd from 0.65% to 0.37%, Bharat Forge Ltd from 16.17% to 15.79%, Tirupati Forge Ltd from 0.66% to 0.00%, Synergy Green Industries Ltd from 5.92% to 5.11% and CIE Automotive India Ltd from 8.62% to 7.54%.

DIIs increased their shareholding in CIE Automotive India Ltd from 10.77% to 13.92%, Bharat Forge Ltd from 25.67% to 26.31%, Sterling Tools Ltd from 4.66% to 5.09%, PTC Industries Ltd from 0.00% to 0.24% and AIA Engineering Ltd from 20.31% to 20.46%. DIIs reduced their shareholding in Electrosteel Castings Ltd from 1.63% to 1.60%, DCM Ltd from 3.98% to 3.67%, M M Forgings Ltd from 16.81% to 16.37%, Ramkrishna Forgings Ltd from 3.41% to 2.94% and TVS Holdings Ltd from 12.51% to 11.80%.

Promoters increased their shareholding in Bhagwati Autocast Ltd from 73.75% to 73.89%, Poojawestern Metaliks Ltd from 70.58% to 70.68% and Simplex Castings Ltd from 56.51% to 56.53%. Promoters reduced their shareholding in Synergy Green Industries Ltd from 74.16% to 74.02%, Hilton Metal Forging Ltd from 28.00% to 27.67%, Steelcast Ltd from 46.07% to 45.00%, CIE Automotive India Ltd from 68.89% to 65.70% and Universal Autofoundry Ltd from 61.49% to 51.47%.

During the month Annual reports of Echjay Industries Pvt Ltd, Bharat Forge Ltd, DCM Ltd, SKS Fasteners Ltd, Electrosteel Castings Ltd, KHK Pressings & Forgings Pvt Ltd, ISPL Industries Ltd, MCS Fasteners (India) Ltd, J S Auto Cast Foundry India Pvt Ltd, TVS Holdings Ltd, Tayo Rolls Ltd, Bhagwati Autocast Ltd, Shivalik Engineering Industries 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, Gluhend India Pvt Ltd, Sivanandha Steels Ltd, Lava Cast Pvt Ltd, Metalyst Forgings Ltd, Pitti Castings Pvt Ltd, Krishanveer Forge Ltd, Sanmati Precision Engineering Ltd, EL Forge Ltd, A Raymond Fastners India Pvt Ltd, Pritika Engineering Components Ltd, De Neers Tools Ltd, Simmonds Marshall Ltd, LSR Forge Pvt Ltd, Hanchang India Pvt Ltd, AMA India Enterprises Pvt Ltd, Honsberg Saws India Pvt Ltd, Bollhoff Fastenings Pvt Ltd, Sunfast TVS Ltd, Ramsons Castings Pvt Ltd, Techno Forge Ltd, Menon Piston Rings Pvt Ltd, Smiths & Founders (India) Ltd, Kems Forgings 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, Unique Valves Pvt Ltd, KIC Metaliks Ltd, Jayaswal Neco Industries Ltd, J G Foundry Ltd, Sterling Tools Ltd, Carnation Industries Ltd, Akar Auto Industries Ltd, PTC Industries Ltd, Vignyan Industries Ltd, Oswal Industries Ltd, National Fittings Ltd, Lamina Foundries Ltd, Wheelabrator Alloy Castings Ltd, Mohindra Fasteners Ltd, Indo Shell Mould Ltd, Gazebo Industries Ltd, Nelcast Ltd, Ghatghe Patil Industries Ltd, Creative Castings Ltd, Kolhapur Steel Ltd, Steel & Industrial Forgings Ltd, Datre Corporation Ltd, AIA Engineering Ltd, Anup Malleables Ltd, Hindusthan Malleable & Forgings Ltd, Uni Deritend Ltd, Victory Iron Works Ltd, Shri Balaji Industrial Products Ltd, Ramkrishna Forgings Ltd, Happy Forgings Ltd, Sadhu Forgings Ltd, Sanmar Matrix Metals Ltd, Shree Ganesh Forgings Ltd, United Foundries Pvt Ltd, Pooja Forge Ltd, Shaifali Steels Ltd, Tamboli Castings Ltd, Pricol Castings Ltd, CIE Automotive India Ltd, Hilton Metal Forging Ltd, LGB Forge Ltd, Vishnu Forge Industries Ltd, Shivaani Alloy Steel Castings Ltd, Bakul Casting Pvt Ltd, Munjal Kiriu Industries Pvt Ltd, Samrat Forgings Ltd, Borgwarner Emissions Systems India Pvt Ltd, MS Agarwal Foundries Pvt Ltd, Shriram Foundry Ltd, Arcvac Forgecast Ltd, Sanghvi Forging & Engineering Ltd, Bhagwati Steelcast Ltd, Ravi Technoforge Pvt Ltd, CHW Forge Pvt LTd, JVR Forgings Ltd, Right Tight Fastners Pvt Ltd, Western India Forgings Pvt Ltd, Sunstar Precision Forge Ltd, Mahamaya Casting Pvt Ltd, Mahavir Rolling Mill Ltd, Mahavir Die Casters Pvt 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, Prashant Castech Pvt Ltd, G B Tools & Forgings Ltd, Himgiri Castings Pvt Ltd, SE Forge Ltd, Dekson Castings Ltd, Posco-India Pvt Ltd, Apollo Techno Forge Pvt Ltd, Captain Technocast Ltd, Achieve Techno Cast Pvt Ltd, Kishan Forge Pvt Ltd, Tirupati Forge Ltd, Kalyani Technoforge Ltd, Anu Fasteners Pvt Ltd, Jyoti Toolings & Press Components Pvt Ltd and Neel Industries Pvt Ltd were updated in Capitaline.