Date: 28 Jun 2024

Castings, Forgings & Fastners

Sector	Market Cap	No of Companies
Castings, Forgings & Fastners	230381.88	55

 

NetWorth	33047.56	TTM Sales	49622.60	TTM Sales Var (%)	11.99
Debt	15078.79	TTM OP	8663.13	TTM NP Var (%)	50.92
Capital Employed	50548.97	TTM OPM (%)	19.81	EV/TM Sales	4.64
Net Block	22037.24	TTM PATM (%)	10.02	EV/TTM EBITDA	27.89
Current Assets	30801.87	Debt / Equity	0.46	P/E	46.32
ROCE (%)	35.57	RONW (%)	15.05	P/B	6.97

The above figures are in Rs. Crores as of 28 Jun 2024

TTM ended March 2024

	28 Jun 2024	31 May 2023	31 May 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	230357.54	116319.31	84173.24	98.04	173.67
Total Marketcap	44240598.14	28483979.84	24489912.48	55.32	80.65
Sector's share	0.52	0.41	0.34	0.11	0.18
Sector No of companies	53	49	46	4	7
Total Listed companies	4672	4301	4108	371	564
Sector's share	1.13	1.14	1.12	-0.01	0.01
Nifty 50	24010.6	22530.7	19189.05	6.57	25.13

 

Gainers
Company Name	28/06/2024	28/05/2024	Var%
PTC Industries	13656.55	7839.50	74.20
Amic Forging	1275.20	783.10	62.84
Simm. Marshall	117.51	83.73	40.34
Lak. Prec. Screw	6.17	4.54	35.90
Porwal Auto Comp	72.53	55.34	31.06
Losers
Company Name	28/06/2024	28/05/2024	Var%
Hilton Met.Forg.	95.10	121.50	-21.73
Shivagrico Impl.	23.20	27.44	-15.45
Palco Metals Ltd	78.22	89.90	-12.99
Kennametal India	3300.80	3646.40	-9.48
Inv.& Prec.Cast.	575.00	623.45	-7.77

 

During the month of June 2024, Castings, Forgings & Fastners sector’s Marketcap increased 98.04% to Rs 230357.54 crore, compared to 55.32% rise in total listed marketcap to Rs 44240598.14 crore.

Sector’s share of total listed marketcap moved to 0.52% in June 2024 from 0.41% in May 2023 and 0.34% in May 2022.

In terms of price appreciation in the sector, there were 35 gainers and 10 losers in the month of Jun 2024. The gainers accounted for 63.64% of sector companies, losers accounted for 18.18% of sector companies, while 10% remained unchanged.

The top 3 gainers were PTC Industries (74.20% gain), Amic Forging (62.84% gain) and Simm. Marshall (40.34% gain).

The 3 losers at the bottom were Hilton Met.Forg. (-21.73% fall), Shivagrico Impl. (-15.45% fall) and Palco Metals Ltd (-12.99% fall).

During the month Kumar Autocast Ltd and Aditya Forge Ltd announced their results. Companies like Kumar Autocast Ltd reported fall in net profit attributable to shareholders.

Companies like Aditya Forge Ltd reported loss to profit

CIE Automotive India Ltd and M M Forgings Ltd became ex-dividend.

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, 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, Balu Forge 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%, Ramkrishna Forgings Ltd from 23.59% to 24.54%, 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 AIA Engineering Ltd from 18.29% to 18.17%, Bharat Forge Ltd from 16.60% to 16.47%, Deem Roll-Tech Ltd from 0.36% to 0.01%, Sharp Chucks and Machines Ltd from 0.48% to 0.02%, CIE Automotive India Ltd from 5.63% to 5.12%, Synergy Green Industries Ltd from 3.23% to 2.60%, Balu Forge Industries Ltd from 9.62% to 8.74%, 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%, 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 Tirupati Forge Ltd from 55.76% to 57.69%, Captain Technocast Ltd from 72.09% to 73.56%, Simmonds Marshall Ltd from 59.12% to 59.57%, Ganga Forging Ltd from 40.64% to 40.82%, 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% and Galaxy Agrico Exports Ltd from 73.22% to 71.74%.

During the month Annual reports of Anu Fasteners Pvt Ltd, Bharat Forge Ltd, Jyoti Toolings & Press Components Pvt Ltd, DCM Ltd, Electrosteel Castings Ltd, Neel Industries Pvt Ltd, Echjay Industries Pvt Ltd, ISPL Industries Ltd, SKS Fasteners Ltd, Tayo Rolls Ltd, KHK Pressings & Forgings Pvt Ltd, Kennametal India Ltd, Bhagwati Autocast Ltd, MCS Fasteners (India) Ltd, J S Auto Cast Foundry India Pvt Ltd, Uni Abex Alloy Products Ltd, Shivalik Engineering Industries Ltd, Amex Alloys Pvt Ltd, Ganga Forging Ltd, Oswal Castings Pvt Ltd, Taparia Tools Ltd, Kumar Autocast Ltd, Synergy Green Industries Ltd, Nitin Castings Ltd, Gala Precision Engineering 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, Jsons Foundry Pvt Ltd, Lava Cast Pvt Ltd, Krishanveer Forge Ltd, Pitti Castings Pvt Ltd, EL Forge Ltd, Om Besco Rail Products Ltd, Sanmati Precision Engineering Ltd, Cathodic Control Company Pvt Ltd, Simmonds Marshall Ltd, High Tensil Fastnuts (India) Pvt Ltd, Jaypee Forge Pvt Ltd, Astrotech Steels Pvt Ltd, Pritika Engineering Components Ltd, Kalyani Cast-Tech Ltd, LSR Forge Pvt Ltd, Hanchang India Pvt Ltd, Techno Forge Ltd, Pattech Fitwell Tube Components Ltd, Smiths & Founders (India) Ltd, AMA India Enterprises Pvt Ltd, Honsberg Saws India Pvt Ltd, Aditya Forge Ltd, Bollhoff Fastenings Pvt Ltd, Sunfast TVS Ltd, Simplex Castings Ltd, Briya Enterprise Ltd, Natraj Iron & Castings Pvt Ltd, Wear Steels Pvt Ltd, Gujarat Intrux Ltd, Balls & Cylpebs Ltd, Kalyani Forge Ltd, Shree Sponge Steel & Casting Ltd, Steelcast Ltd, Rollwell Forge Pvt Ltd, Pradeep Metals Ltd, Ramya Balaji Alloy Pvt Ltd, Phoenix Forge Pvt Ltd, Aqua Alloys Pvt Ltd, Magnum Forge & Machine Works Pvt Ltd, M M Forgings Ltd, Magna Casting & Machine Works Pvt Ltd, Shivagrico Implements Ltd, Arihant Technocast India Pvt Ltd, Magna Electro Castings Ltd, Pashupati Ispat Pvt Ltd, Porwal Auto Components Ltd, Jai Mata Foundrex Ltd, Unique Valves Pvt Ltd, Nandina Iron & Steels Ltd, G S Alloy Castings Pvt Ltd, Ferrous Forgings Ltd, Umashakti Steels Pvt Ltd, Rajan Technocast Pvt Ltd, J G Foundry Ltd, Govind Steel Co. Ltd, Rajasthan Udyogs & Tools Ltd, NSI (India) Ltd, Sterling Tools Ltd, Gemus Engineering Ltd, Carnation Industries Ltd, Mackeil Ispat & Forging Ltd, Balkrishna Steel Forge Pvt Ltd, Ramsons Castings Pvt Ltd, PTC Industries Ltd, Bay-Forge Pvt Ltd, Menon and Menon Ltd, Leak-Proof Cast (India) Pvt Ltd, Vignyan Industries Ltd, Hindustan Inox Ltd, H N V Castings Pvt Ltd, Balu Forge Industries Ltd, Fine Cast (Guj) Pvt Ltd, Shree Hans Alloys Ltd, Alicon Castalloy Ltd, Karan Techno Cast Pvt Ltd, Godawri Spherocast Pvt Ltd, Weartech Alloys Pvt Ltd, Dynamatic Manufacturing Ltd, National Fittings Ltd, Dee Dee Steel Castings Pvt Ltd, Osho Forge Ltd, Samir Castings Pvt Ltd, Lamina Foundries Ltd, Monark Ductile Iron Casting Pvt Ltd, Ranba Castings Ltd, G P T Castings Ltd, Anjali Aluminium Pvt Ltd, Wheelabrator Alloy Castings Ltd, Upper India Special Castings Ltd, Super Tech Castings Pvt Ltd, Mohindra Fasteners Ltd, Invac Cast Ltd, Gujarat Metal Cast Industries Ltd, Mayurbhanj Metals Ltd, Voestalpine Vae V K N India Pvt Ltd, Kisaan Die Tech Pvt Ltd, GTV Engineering Ltd, Patodia Forgings & Gears Ltd, Accurate Steel Forgings (India) Ltd, I M Amis Forgings Pvt Ltd, Dimo Castings Pvt Ltd, Indo Shell Mould Ltd, Karmen International Pvt Ltd, Crescent Foundry Co. Pvt Ltd, Dee Dee Steel Castings Ltd, Menon Piston Rings Pvt Ltd, J K E W Metalec Ltd, Gazebo Industries Ltd, R B Forgings Pvt Ltd, Nelcast Ltd, Mutha Engineering Pvt Ltd, Galaxy Agrico Exports Ltd, Blue Stampings & Forgings Ltd, Rajasthan Udyog & Tools Pvt Ltd, Ghatghe Patil Industries Ltd, Marvelous Engineers Pvt Ltd, Creative Castings Ltd, Sankalp Engineering & Services Pvt Ltd, Aesthetic Stampings & Laminations Ltd, Indoshell Automotive Systems India Pvt Ltd, Kolhapur Steel Ltd, Happy Steels Pvt Ltd, R S I Pvt Ltd, Arjan Dass & Sons Pvt Ltd, Sudhir Forgings Pvt Ltd, Satara Technocrats Pvt Ltd, Logwell Forge Ltd, Ramco Steels Pvt Ltd, Steel & Industrial Forgings Ltd, Kumar Precision Stampings Pvt Ltd, R D Forge Pvt Ltd, Menon & Menon Ltd (2018), Datre Corporation Ltd, Kems Forgings Ltd, AIA Engineering Ltd, Southern Ferro Ltd, Flash Forge Pvt Ltd, Sharp Chucks and Machines Ltd, Amic Forging Ltd, Amma Alloy India Pvt Ltd, Anup Malleables Ltd, Bashko Engineering Pvt Ltd, Singla Forging Pvt Ltd, Hindusthan Malleable & Forgings Ltd, Hi-Mac Castings Pvt 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, Coimbatore Metal Works 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, Guardian Casting Pvt 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, Kaloti Engg.Company Pvt 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, Saketh Seven Star Industries Ltd, Osho Tools Pvt Ltd, Paramount Speciality Forgings Ltd, Shreyas Fabtech Ltd, Bangalore Metallurgicals Pvt Ltd and Chamundi Die Cast Pvt Ltd were updated in Capitaline.