Date: 29 Nov 2023
Castings, Forgings & Fastners
Sector |
Market Cap |
No of Companies |
Castings, Forgings & Fastners |
165586.54 |
50 |
NetWorth |
23962.84 |
TTM Sales |
81446.94 |
TTM Sales Var (%) |
19.13 |
Debt |
40037.54 |
TTM OP |
10922.73 |
TTM NP Var (%) |
14.04 |
Capital Employed |
70340.82 |
TTM OPM (%) |
15.30 |
EV/TM Sales |
2.03 |
Net Block |
22426.59 |
TTM PATM (%) |
4.75 |
EV/TTM EBITDA |
18.18 |
Current Assets |
48061.27 |
Debt / Equity |
1.67 |
P/E |
42.85 |
ROCE (%) |
43.18 |
RONW (%) |
16.13 |
P/B |
6.91 |
The above figures are in Rs. Crores as of 29 Nov 2023
TTM ended September 2023
|
29 Nov 2023 |
31 Oct 2022 |
31 Oct 2021 |
MoM Var. (%) |
YoY Var. (%) |
Sector Marketcap |
165582.31 |
110114.64 |
90422.36 |
50.37 |
83.12 |
Total Marketcap |
33471732.91 |
28126970.51 |
25945280.23 |
19 |
29.01 |
Sector's share |
0.49 |
0.39 |
0.35 |
0.1 |
0.14 |
Sector No of companies |
49 |
44 |
44 |
5 |
5 |
Total Listed companies |
4449 |
4179 |
4067 |
270 |
382 |
Sector's share |
1.1 |
1.05 |
1.08 |
0.05 |
0.02 |
Nifty 50 |
20096.6 |
19079.6 |
18758.35 |
5.33 |
7.13 |
Gainers |
| Company Name |
29/11/2023 |
27/10/2023 |
Var% |
| Uni Abex Alloy |
3192.05 |
2235.95 |
42.76 |
| Electrost.Cast. |
115.13 |
83.39 |
38.06 |
| Simplex Castings |
69.84 |
50.94 |
37.10 |
| Jayaswal Neco |
47.15 |
34.78 |
35.57 |
| LGB Forge |
12.10 |
9.35 |
29.41 |
Losers |
| Company Name |
29/11/2023 |
27/10/2023 |
Var% |
| Samrat Forgings |
369.60 |
477.95 |
-22.67 |
| Krishanveer Forg |
52.85 |
60.80 |
-13.08 |
| Universal Auto. |
230.70 |
255.70 |
-9.78 |
| Creative Casting |
693.25 |
758.45 |
-8.60 |
| Kennametal India |
2342.00 |
2536.90 |
-7.68 |
During the month of November 2023, Castings, Forgings & Fastners sector’s Marketcap increased 50.37% to Rs 165582.31 crore, compared to 19% rise in total listed marketcap to Rs 33471732.91 crore.
Sector’s share of total listed marketcap moved to 0.49% in November 2023 from 0.39% in October 2022 and 0.35% in October 2021.
In terms of price appreciation in the sector, there were 27 gainers and 12 losers in the month of Nov 2023. The gainers accounted for 54.00% of sector companies, losers accounted for 24.00% of sector companies, while 11% remained unchanged.
The top 3 gainers were Uni Abex Alloy (42.76% gain), Electrost.Cast. (38.06% gain) and Simplex Castings (37.10% gain).
The 3 losers at the bottom were Samrat Forgings (-22.67% fall), Krishanveer Forg (-13.08% fall) and Universal Auto. (-9.78% fall).
During the month Bharat Forge Ltd, DCM Ltd, Electrosteel Castings Ltd, Tayo Rolls Ltd, Kennametal India Ltd, Bhagwati Autocast Ltd, Uni Abex Alloy Products Ltd, Taparia Tools Ltd, Synergy Green Industries Ltd, Nitin Castings Ltd, Investment & Precision Castings Ltd, Krishanveer Forge Ltd, EL Forge Ltd, Simmonds Marshall Ltd, Pritika Engineering Components Ltd, Smiths & Founders (India) Ltd, Simplex Castings Ltd, Kalyani Forge Ltd, Steelcast Ltd, Pradeep Metals Ltd, M M Forgings Ltd, Shivagrico Implements Ltd, Magna Electro Castings Ltd, Porwal Auto Components Ltd, Jayaswal Neco Industries Ltd, Carnation Industries Ltd, PTC Industries Ltd, National Fittings Ltd, GTV Engineering Ltd, Galaxy Agrico Exports Ltd, Creative Castings Ltd, AIA Engineering Ltd, Palco Metals Ltd, Hilton Metal Forging Ltd, LGB Forge Ltd, Samrat Forgings Ltd, Universal Autofoundry Ltd and Tirupati Forge Ltd announced their results. Of these Bharat Forge Ltd, Electrosteel Castings Ltd, Uni Abex Alloy Products Ltd, Taparia Tools Ltd, Nitin Castings Ltd, Investment & Precision Castings Ltd, Simmonds Marshall Ltd, Steelcast Ltd, M M Forgings Ltd, National Fittings Ltd, GTV Engineering Ltd, Creative Castings Ltd, AIA Engineering Ltd and Hilton Metal Forging Ltd reported rise in net profit attributable to shareholders. Companies like Jayaswal Neco Industries Ltd, Kennametal India Ltd, PTC Industries Ltd, Magna Electro Castings Ltd, Tirupati Forge Ltd, Universal Autofoundry Ltd, Samrat Forgings Ltd, Bhagwati Autocast Ltd, Krishanveer Forge Ltd and Simplex Castings Ltd reported fall in net profit attributable to shareholders.
Companies like Synergy Green Industries Ltd, Kalyani Forge Ltd, Porwal Auto Components Ltd and EL Forge Ltd reported loss to profit and DCM Ltd reported profit to loss.
Steelcast Ltd became ex-dividend.
During the month Bharat Forge Ltd, DCM Ltd, Electrosteel Castings Ltd, TVS Holdings Ltd, Tayo Rolls Ltd, Kennametal India 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, Shivagrico Implements Ltd, Magna Electro Castings Ltd, Porwal Auto Components Ltd, Jayaswal Neco Industries Ltd, Sterling Tools Ltd, Carnation Industries Ltd, PTC Industries Ltd, National Fittings Ltd, GTV Engineering Ltd, Nelcast Ltd, Galaxy Agrico Exports 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, Ganga Forging Ltd, Synergy Green Industries Ltd, Pritika Engineering Components Ltd, Kalyani Cast-Tech Ltd, Pattech Fitwell Tube Components Ltd and Sharp Chucks and Machines Ltd filed their shareholding patterns.
FIIs increased their shareholding in Ramkrishna Forgings Ltd from 18.13% to 23.67%, PTC Industries Ltd from 0.00% to 1.72%, Bharat Forge Ltd from 15.79% to 16.28%, AIA Engineering Ltd from 18.05% to 18.50%, Electrosteel Castings Ltd from 14.93% to 15.33%, Nelcast Ltd from 0.79% to 1.05%, Kennametal India Ltd from 0.71% to 0.87%, Steelcast Ltd from 0.26% to 0.38%, M M Forgings Ltd from 1.64% to 1.72% and TVS Holdings Ltd from 0.97% to 0.99%. FIIs reduced their shareholding in Sterling Tools Ltd from 0.03% to 0.01%, Hilton Metal Forging Ltd from 0.39% to 0.33%, Synergy Green Industries Ltd from 5.11% to 4.57% and CIE Automotive India Ltd from 7.54% to 6.61%.
DIIs increased their shareholding in CIE Automotive India Ltd from 13.92% to 14.45%, TVS Holdings Ltd from 11.80% to 11.94%, PTC Industries Ltd from 0.24% to 0.32% and Sterling Tools Ltd from 5.09% to 5.13%. DIIs reduced their shareholding in Ramkrishna Forgings Ltd from 2.78% to 2.65%, DCM Ltd from 3.67% to 3.34%, Kennametal India Ltd from 13.00% to 12.59%, AIA Engineering Ltd from 20.46% to 19.86%, Electrosteel Castings Ltd from 1.60% to 0.87%, Bharat Forge Ltd from 26.31% to 25.49% and M M Forgings Ltd from 16.37% to 15.40%.
Promoters increased their shareholding in Tirupati Forge Ltd from 57.59% to 57.69%. Promoters reduced their shareholding in LGB Forge Ltd from 73.82% to 73.79%, Ganga Forging Ltd from 59.53% to 59.35%, PTC Industries Ltd from 67.93% to 67.03%, Ramkrishna Forgings Ltd from 47.41% to 43.14%, Universal Autofoundry Ltd from 51.47% to 42.52% and Taparia Tools Ltd from 69.72% to 58.06%.
During the month Annual reports of Jyoti Toolings & Press Components Pvt Ltd, Bharat Forge Ltd, DCM Ltd, Neel Industries Pvt Ltd, Electrosteel Castings Ltd, Echjay Industries Pvt Ltd, ISPL Industries Ltd, SKS Fasteners Ltd, KHK Pressings & Forgings Pvt Ltd, TVS Holdings Ltd, Tayo Rolls Ltd, MCS Fasteners (India) Ltd, Kennametal India Ltd, J S Auto Cast Foundry India Pvt Ltd, Bhagwati Autocast Ltd, Shivalik Engineering Industries 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, Nitin Castings Ltd, Gala Precision Engineering Pvt Ltd, Abhishek Alloys Pvt Ltd, Investment & Precision Castings Ltd, Hiten Fasteners Pvt Ltd, Siderforgerossi India Pvt Ltd, Sivanandha Steels Ltd, Veltech Forging Ltd, Gluhend India Pvt Ltd, Metalyst Forgings Ltd, Lava Cast Pvt Ltd, Krishanveer Forge Ltd, Pitti Castings Pvt Ltd, EL Forge Ltd, Sanmati Precision Engineering Ltd, A Raymond Fastners India Pvt Ltd, Simmonds Marshall Ltd, Pritika Engineering Components Ltd, Kalyani Cast-Tech Ltd, LSR Forge Pvt Ltd, Hanchang India Pvt Ltd, Pattech Fitwell Tube Components Ltd, AMA India Enterprises Pvt Ltd, Honsberg Saws India Pvt Ltd, Techno Forge Ltd, Bollhoff Fastenings Pvt Ltd, Smiths & Founders (India) Ltd, Sunfast TVS Ltd, Ganesh Foundry & Castings Ltd, Wear Steels Pvt Ltd, Shree Sponge Steel & Casting Ltd, Aditya Forge Ltd, Rollwell Forge Pvt Ltd, N S I (India) Ltd, Simplex Castings Ltd, Ramsons Castings Pvt Ltd, Leak-Proof Cast (India) Pvt Ltd, Karan Techno Cast Pvt Ltd, Kalyani Forge Ltd, Weartech Alloys Pvt Ltd, Steelcast Ltd, Upper India Special Castings Ltd, Pradeep Metals Ltd, Menon Piston Rings Pvt Ltd, J K E W Metalec Ltd, Marvelous Engineers Pvt Ltd, Indoshell Automotive Systems India Pvt Ltd, M M Forgings Ltd, Happy Steels Pvt Ltd, Shivagrico Implements Ltd, Arjan Dass & Sons Pvt Ltd, Magna Electro Castings Ltd, Kems Forgings Ltd, Porwal Auto Components Ltd, Sharp Chucks and Machines Ltd, Unique Valves Pvt Ltd, Amic Forging Ltd, Singla Forging Pvt Ltd, Hi-Mac Castings Pvt Ltd, Siyaram Recycling Industries Ltd, Jayaswal Neco Industries Ltd, Osho Tools Pvt Ltd, J G Foundry Ltd, Sterling Tools Ltd, Carnation Industries Ltd, PTC Industries Ltd, Vignyan Industries Ltd, Oswal Industries Ltd, National Fittings Ltd, Lamina Foundries Ltd, Wheelabrator Alloy Castings Ltd, Mohindra Fasteners Ltd, GTV Engineering Ltd, Indo Shell Mould Ltd, Dee Dee Steel Castings Ltd, Gazebo Industries Ltd, Nelcast Ltd, Galaxy Agrico Exports 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, Palco Metals 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, SRS Diecastings Pvt 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, Deem Roll Tech 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, Auto International (India) 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 and Anu Fasteners Pvt Ltd were updated in Capitaline.
