Sector Trends     31-Jan-24
Sector
Bearings

Date: 30 Jan 2024

Bearings

Sector

Market Cap

No of Companies

Bearings

102464.03

13

 

NetWorth

3458.45

TTM Sales

13359.65

TTM Sales Var (%)

8.29

Debt

503.51

TTM OP

2260.04

TTM NP Var (%)

6.76

Capital Employed

4043.65

TTM OPM (%)

18.64

EV/TM Sales

7.67

Net Block

1150.03

TTM PATM (%)

11.46

EV/TTM EBITDA

45.10

Current Assets

3658.34

Debt / Equity

0.15

P/E

66.90

ROCE (%)

185.67

RONW (%)

44.28

P/B

29.63

The above figures are in Rs. Crores as of 30 Jan 2024

TTM ended September 2023

30 Jan 2024

31 Dec 2022

31 Dec 2021

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

102464.03 91721.73 63436.98 11.71 61.52

Total Marketcap

37753281.25 28374455.84 33.05

Sector's share

0.27 0.32 -0.05

Sector No of companies

13 13 12 0 1

Total Listed companies

4525 4237 0 288 4525

Sector's share

0.29 0.31 0 -0.02 0.29

Nifty 50

21737.6 17662.15 23.07

 

Gainers

Company Name
30/01/2024
29/12/2023
Var%
Austin Engg Co 207.30 192.75 7.55
Galaxy Bearings 1598.05 1486.50 7.50
Benara Bearings 14.97 14.31 4.61
Menon Bearings 141.75 137.15 3.35
Vishal Bearings 190.65 185.00 3.05

Losers

Company Name
30/01/2024
29/12/2023
Var%
NRB Indl Bearing 40.00 44.80 -10.71
Schaeffler India 3106.45 3202.20 -2.99
Bimetal Bearings 587.55 604.10 -2.74
SNL Bearings 399.10 400.90 -0.45

 

During the month of January 2024, Bearings sector’s Marketcap increased 11.71% to Rs 102464.03 crore, compared to 33.05% rise in total listed marketcap to Rs 37753281.25 crore.

Sector’s share of total listed marketcap moved to 0.27% in January 2024 from 0.32% in December 2022 and % in December 2021.


In terms of price appreciation in the sector, there were 8 gainers and 4 losers in the month of Jan 2024. The gainers accounted for 61.54% of sector companies, losers accounted for 30.77% of sector companies, while 1% remained unchanged.

The top 3 gainers were Austin Engg Co (7.55% gain), Galaxy Bearings (7.50% gain) and Benara Bearings (4.61% gain).

The 3 losers at the bottom were NRB Indl Bearing (-10.71% fall), Schaeffler India (-2.99% fall) and Bimetal Bearings (-2.74% fall).

During the month SKF India Ltd, Bimetal Bearings Ltd, Schaeffler India Ltd, Austin Engineering Company Ltd, Timken India Ltd, Menon Bearings Ltd, Galaxy Bearings Ltd, NRB Bearings Ltd, SNL Bearings Ltd, Benara Bearings & Pistons Ltd, NRB Industrial Bearings Ltd, Vishal Bearings Ltd and SKP Bearing Industries Ltd filed their shareholding patterns.

FIIs increased their shareholding in Timken India Ltd from 6.71% to 7.13% and SKF India Ltd from 6.46% to 6.61%. FIIs reduced their shareholding in Menon Bearings Ltd from 0.57% to 0.54% and Schaeffler India Ltd from 4.52% to 4.35%.

DIIs increased their shareholding in Timken India Ltd from 18.38% to 21.36%, Schaeffler India Ltd from 15.32% to 15.56% and NRB Bearings Ltd from 19.48% to 19.69%. DIIs reduced their shareholding in SKF India Ltd from 28.96% to 28.68%.

During the month Annual reports of SKF India Ltd, Bimetal Bearings Ltd, Schaeffler India Ltd, Austin Engineering Company Ltd, Timken India Ltd, Menon Bearings Ltd, Galaxy Bearings Ltd, NRB Bearings Ltd, SNL Bearings Ltd, Federal-Mogul Bearings India Ltd, ARB Bearings Ltd, Precision Bearings Pvt Ltd, Benara Bearings & Pistons Ltd, Texspin Bearings Ltd, NRB Industrial Bearings Ltd, Ras Bearing Pvt Ltd, RMP Bearings Ltd, Kasuma Auto Engineering Pvt Ltd, Prime Cage Pvt Ltd, Vishal Bearings Ltd, Omega Renk Bearings Pvt Ltd, Nachi Technology India Pvt Ltd, ILJin Automotive Pvt Ltd, KCI Bearings (India) Pvt Ltd, SKP Bearing Industries Ltd, TVS Engineering Ltd, Turbo Bearings Pvt Ltd, Orbit Bearings India Pvt Ltd, Pushp forgings Pvt Ltd, S K F Engineering & Lubrication India Pvt Ltd, Timken Engineering & Research-India Pvt Ltd and Mageba Bridge Products Pvt Ltd were updated in Capitaline.

 

Previous News
  Bearings
 ( Sector Trends - Sector 30-Jun-24   10:10 )
  Bearings
 ( Sector Trends - Sector 15-May-23   10:03 )
  Menon Bearings' board approves subdivision of shares
 ( Corporate News - 28-Aug-09   17:42 )
  Bearings: Bears the brunt of slowdown in auto and industrial sector
 ( Sector Trends - 28-Feb-09   20:10 )
  Auto Ancillaries
 ( Sector Trends - Sector 03-Apr-23   12:13 )
  Bearings: Margins hit as input costs rise & user industry woes
 ( Sector Trends - 25-Feb-08   21:15 )
  Bearings
 ( Sector Trends - Sector 30-Dec-22   19:53 )
  SKF India appoints additional director
 ( Corporate News - 22-Oct-08   17:47 )
  Auto Ancillaries
 ( Sector Trends - Sector 31-May-23   10:04 )
  Auto Ancillaries
 ( Sector Trends - Sector 01-Mar-23   11:43 )
  Bimetal Bearings to consider dividend
 ( Corporate News - 11-Jun-09   19:20 )
Other Stories
  Electricity: Coal based thermal power generation shines
  30-Sep-12   22:34
  Consumer Durables: Basic Customs Duty on LCD and LED TV panels exempt
  17-Mar-12   12:48
Back Top