Date: 29 Apr 2024

Castings, Forgings & Fastners

Sector	Market Cap	No of Companies
Castings, Forgings & Fastners	202074.1	55

 

NetWorth	22905.07	TTM Sales	85235.17	TTM Sales Var (%)	14.96
Debt	33307.70	TTM OP	12953.41	TTM NP Var (%)	37.15
Capital Employed	62434.66	TTM OPM (%)	16.97	EV/TM Sales	2.37
Net Block	18706.30	TTM PATM (%)	6.09	EV/TTM EBITDA	17.71
Current Assets	41422.15	Debt / Equity	1.45	P/E	38.91
ROCE (%)	61.81	RONW (%)	22.67	P/B	8.82

The above figures are in Rs. Crores as of 29 Apr 2024

TTM ended December 2023

	29 Apr 2024	31 Mar 2023	31 Mar 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	202074.1	113023.31	84374.96	78.79	139.5
Total Marketcap	40881718.68	25956454.87	26857769.69	57.5	52.22
Sector's share	0.49	0.44	0.31	0.05	0.18
Sector No of companies	55	49	47	6	8
Total Listed companies	4588	4285	4116	303	472
Sector's share	1.2	1.14	1.14	0.06	0.06
Nifty 50	22643.4	22326.9	18065	1.42	25.34

 

Gainers
Company Name	29/04/2024	28/03/2024	Var%
EL Forge	21.63	13.85	56.17
National Fitting	146.44	98.70	48.37
Carnation Inds.	9.90	7.31	35.43
M M Forgings	1170.45	871.50	34.30
Smiths & Founder	6.02	4.52	33.19
Losers
Company Name	29/04/2024	28/03/2024	Var%
Uni Abex Alloy	2745.85	2996.85	-8.38
GTV Engineering	440.35	458.95	-4.05
AIA Engineering	3767.40	3915.55	-3.78
Lak. Prec. Screw	4.59	4.76	-3.57
Galaxy Agrico	48.50	49.91	-2.83

 

During the month of April 2024, Castings, Forgings & Fastners sector’s Marketcap increased 78.79% to Rs 202074.1 crore, compared to 57.5% rise in total listed marketcap to Rs 40881718.68 crore.

Sector’s share of total listed marketcap moved to 0.49% in April 2024 from 0.44% in March 2023 and 0.31% in March 2022.

In terms of price appreciation in the sector, there were 41 gainers and 5 losers in the month of Apr 2024. The gainers accounted for 74.55% of sector companies, losers accounted for 9.09% of sector companies, while 9% remained unchanged.

The top 3 gainers were EL Forge (56.17% gain), National Fitting (48.37% gain) and Carnation Inds. (35.43% gain).

The 3 losers at the bottom were Uni Abex Alloy (-8.38% fall), GTV Engineering (-4.05% fall) and AIA Engineering (-3.78% fall).

During the month Metalyst Forgings Ltd announced their results.

TVS Holdings 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, Gujarat Intrux Ltd, Kalyani Forge Ltd, Steelcast Ltd, Pradeep Metals Ltd, M M Forgings Ltd, Shivagrico Implements Ltd, Magna Electro Castings Ltd, Porwal Auto Components Ltd, Sterling Tools Ltd, Carnation Industries Ltd, PTC Industries Ltd, Alicon Castalloy 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, Happy Forgings Ltd, CIE Automotive India Ltd, Hilton Metal Forging Ltd, LGB Forge Ltd, Rolex Rings Ltd, Samrat Forgings Ltd, Deem Roll-Tech Ltd, Universal Autofoundry Ltd, Dekson Castings Ltd, Captain Technocast Ltd, Tirupati Forge Ltd, Ganga Forging Ltd, Synergy Green Industries Ltd, Gala Precision Engineering Ltd, Pritika Engineering Components Ltd, Kalyani Cast-Tech Ltd, Pattech Fitwell Tube Components Ltd, Sharp Chucks and Machines Ltd, Amic Forging Ltd, Saketh Seven Star Industries Ltd, Paramount Speciality Forgings Ltd and Shreyas Fabtech Ltd filed their shareholding patterns.

FIIs increased their shareholding in Electrosteel Castings Ltd from 17.49% to 19.70%, Rolex Rings Ltd from 6.28% to 7.74%, TVS Holdings Ltd from 1.13% to 2.32%, Ramkrishna Forgings Ltd from 23.59% to 24.54%, Deem Roll-Tech Ltd from 0.00% to 0.36%, M M Forgings Ltd from 1.93% to 2.28%, Alicon Castalloy Ltd from 0.26% to 0.37%, PTC Industries Ltd from 3.78% to 3.82%, Nelcast Ltd from 0.88% to 0.90% and Hilton Metal Forging Ltd from 0.27% to 0.28%. FIIs reduced their shareholding in Kennametal India Ltd from 0.97% to 0.96%, Steelcast Ltd from 0.08% to 0.01%, AIA Engineering Ltd from 18.29% to 18.17%, Bharat Forge Ltd from 16.60% to 16.47%, CIE Automotive India Ltd from 5.63% to 5.12%, Synergy Green Industries Ltd from 3.23% to 2.60%, Happy Forgings Ltd from 2.06% to 1.12%, Kalyani Cast-Tech Ltd from 2.87% to 0.38% and Amic Forging Ltd from 6.99% to 1.33%.

DIIs increased their shareholding in CIE Automotive India Ltd from 14.94% to 17.40%, Happy Forgings Ltd from 5.82% to 8.13%, Kennametal India Ltd from 12.76% to 13.43% and Bharat Forge Ltd from 25.12% to 25.23%. DIIs reduced their shareholding in PTC Industries Ltd from 0.44% to 0.42%, Kalyani Cast-Tech Ltd from 0.04% to 0.00%, Ramkrishna Forgings Ltd from 2.00% to 1.96%, Electrosteel Castings Ltd from 0.45% to 0.36%, Amic Forging Ltd from 0.23% to 0.00%, TVS Holdings Ltd from 11.60% to 10.62%, Rolex Rings Ltd from 30.78% to 28.91% and M M Forgings Ltd from 14.14% to 11.47%.

Promoters increased their shareholding in Ganga Forging Ltd from 39.02% to 40.64%, Captain Technocast Ltd from 72.09% to 73.56%, Simmonds Marshall Ltd from 59.12% to 59.57%, Amic Forging Ltd from 57.74% to 57.82% and Ramkrishna Forgings Ltd from 43.14% to 43.17%. Promoters reduced their shareholding in PTC Industries Ltd from 63.99% to 62.95%, Universal Autofoundry Ltd from 42.52% to 41.42%, Galaxy Agrico Exports Ltd from 73.22% to 71.74%, Tirupati Forge Ltd from 57.69% to 55.76% and Deem Roll-Tech Ltd from 92.18% to 67.10%.

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, Gala Precision Engineering 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, High Tensil Fastnuts (India) Pvt Ltd, Pritika Engineering Components Ltd, Kalyani Cast-Tech Ltd, Simmonds Marshall Ltd, LSR Forge Pvt Ltd, Hanchang India Pvt Ltd, Pattech Fitwell Tube Components Ltd, AMA India Enterprises Pvt Ltd, Honsberg Saws India Pvt Ltd, Bollhoff Fastenings Pvt Ltd, Sunfast TVS Ltd, Techno Forge Ltd, Natraj Iron & Castings Pvt Ltd, Smiths & Founders (India) Ltd, Wear Steels Pvt Ltd, Balls & Cylpebs Ltd, Aditya Forge Ltd, Shree Sponge Steel & Casting Ltd, Rollwell Forge Pvt Ltd, Simplex Castings Ltd, Ramya Balaji Alloy Pvt Ltd, Phoenix Forge Pvt Ltd, Aqua Alloys Pvt Ltd, Gujarat Intrux Ltd, Magnum Forge & Machine Works Pvt Ltd, Kalyani Forge Ltd, Magna Casting & Machine Works Pvt Ltd, Steelcast Ltd, Arihant Technocast India Pvt Ltd, Pradeep Metals Ltd, Pashupati Ispat Pvt Ltd, Jai Mata Foundrex Ltd, Nandina Iron & Steels Ltd, G S Alloy Castings Pvt Ltd, M M Forgings Ltd, Ferrous Forgings Ltd, Shivagrico Implements Ltd, Umashakti Steels Pvt Ltd, Magna Electro Castings Ltd, Rajan Technocast Pvt Ltd, Porwal Auto Components Ltd, Govind Steel Co. Ltd, Unique Valves Pvt Ltd, NSI (India) Ltd, Gemus Engineering Ltd, Mackeil Ispat & Forging Ltd, Balkrishna Steel Forge Pvt Ltd, Ramsons Castings Pvt Ltd, J G Foundry Ltd, Bay-Forge Pvt Ltd, Rajasthan Udyogs & Tools Ltd, Leak-Proof Cast (India) Pvt Ltd, Sterling Tools Ltd, Hindustan Inox Ltd, Carnation Industries Ltd, H N V Castings Pvt Ltd, Fine Cast (Guj) Pvt Ltd, Shree Hans Alloys Ltd, PTC Industries Ltd, Karan Techno Cast Pvt Ltd, Menon and Menon Ltd, Godawri Spherocast Pvt Ltd, Vignyan Industries Ltd, Weartech Alloys Pvt Ltd, Dynamatic Manufacturing Ltd, Dee Dee Steel Castings Pvt Ltd, Alicon Castalloy Ltd, Osho Forge Ltd, Samir Castings Pvt Ltd, Monark Ductile Iron Casting Pvt Ltd, Ranba Castings Ltd, National Fittings Ltd, G P T Castings Ltd, Anjali Aluminium Pvt Ltd, Upper India Special Castings Ltd, Lamina Foundries Ltd, Super Tech Castings Pvt Ltd, Invac Cast Ltd, Mayurbhanj Metals Ltd, Voestalpine Vae V K N India Pvt Ltd, Wheelabrator Alloy Castings Ltd, Kisaan Die Tech Pvt Ltd, Patodia Forgings & Gears Ltd, Mohindra Fasteners Ltd, Accurate Steel Forgings (India) Ltd, I M Amis Forgings Pvt Ltd, Dimo Castings Pvt Ltd, Karmen International Pvt Ltd, GTV Engineering Ltd, Crescent Foundry Co. Pvt Ltd, Menon Piston Rings Pvt Ltd, J K E W Metalec Ltd, R B Forgings Pvt Ltd, Indo Shell Mould Ltd, Mutha Engineering Pvt Ltd, Blue Stampings & Forgings Ltd, Dee Dee Steel Castings Ltd, Rajasthan Udyog & Tools Pvt Ltd, Marvelous Engineers Pvt Ltd, Gazebo Industries Ltd, Sankalp Engineering & Services Pvt Ltd, Nelcast Ltd, Aesthetic Stampings & Laminations Ltd, Galaxy Agrico Exports Ltd, Indoshell Automotive Systems India Pvt Ltd, Happy Steels Pvt Ltd, Ghatghe Patil Industries Ltd, R S I Pvt Ltd, Creative Castings Ltd, Arjan Dass & Sons Pvt Ltd, Sudhir Forgings Pvt Ltd, Satara Technocrats Pvt Ltd, Kolhapur Steel Ltd, Ramco Steels Pvt Ltd, Kumar Precision Stampings Pvt Ltd, R D Forge Pvt Ltd, Menon & Menon Ltd (2018), Kems Forgings Ltd, Logwell Forge Ltd, Southern Ferro Ltd, Steel & Industrial Forgings Ltd, Flash Forge Pvt Ltd, Sharp Chucks and Machines Ltd, Amic Forging Ltd, Datre Corporation Ltd, Singla Forging Pvt Ltd, AIA Engineering Ltd, Hi-Mac Castings Pvt Ltd, Saketh Seven Star Industries Ltd, Osho Tools Pvt Ltd, Paramount Speciality Forgings Ltd, Shreyas Fabtech 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, Rolex Rings Ltd, Samrat Forgings Ltd, Borgwarner Emissions Systems India Pvt Ltd, MS Agarwal Foundries Pvt Ltd, Shriram Foundry Ltd, Arcvac Forgecast Ltd, BF Industrial Technology & Solutions 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, Mahavir Castings 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, Amazone Castings & Engineering Pvt Ltd, Kalyani Technoforge Ltd and Anu Fasteners Pvt Ltd were updated in Capitaline.