Sector Trends     30-Apr-24
Sector
Bearings

Date: 29 Apr 2024

Bearings

Sector

Market Cap

No of Companies

Bearings

106327

13

 

NetWorth

8263.80

TTM Sales

13460.17

TTM Sales Var (%)

5.58

Debt

554.61

TTM OP

2212.77

TTM NP Var (%)

-1.66

Capital Employed

8915.46

TTM OPM (%)

19.64

EV/TM Sales

7.90

Net Block

2999.76

TTM PATM (%)

12.32

EV/TTM EBITDA

47.12

Current Assets

7764.50

Debt / Equity

0.07

P/E

64.11

ROCE (%)

75.97

RONW (%)

20.07

P/B

12.87

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

106327 89757.56 66298.75 18.46 60.38

Total Marketcap

40881718.68 25956454.87 26857769.69 57.5 52.22

Sector's share

0.26 0.35 0.25 -0.09 0.01

Sector No of companies

13 13 12 0 1

Total Listed companies

4588 4285 4116 303 472

Sector's share

0.28 0.3 0.29 -0.02 -0.01

Nifty 50

22643.4 22326.9 18065 1.42 25.34

 

Gainers

Company Name
29/04/2024
28/03/2024
Var%
SNL Bearings 388.50 288.20 34.80
Schaeffler India 3479.65 2812.30 23.73
NRB Bearings 312.15 268.05 16.45
Menon Bearings 129.25 112.10 15.30
Austin Engg Co 206.20 182.45 13.02

Losers

Company Name
29/04/2024
28/03/2024
Var%
Galaxy Bearings 1457.40 1492.25 -2.34

 

During the month of April 2024, Bearings sector’s Marketcap increased 18.46% to Rs 106327 crore, compared to 57.5% rise in total listed marketcap to Rs 40881718.68 crore.

Sector’s share of total listed marketcap moved to 0.26% in April 2024 from 0.35% in March 2023 and 0.25% in March 2022.


In terms of price appreciation in the sector, there were 11 gainers and 1 losers in the month of Apr 2024. The gainers accounted for 84.62% of sector companies, losers accounted for 7.69% of sector companies, while 1% remained unchanged.

The top 3 gainers were SNL Bearings (34.80% gain), Schaeffler India (23.73% gain) and NRB Bearings (16.45% gain).

Galaxy Bearings (-2.34% fall) was the only one loser.

During the month Schaeffler India Ltd announced their results. Of these Schaeffler India Ltd reported rise in net profit attributable to shareholders.

Schaeffler India Ltd became ex-dividend.

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 SKF India Ltd from 6.61% to 6.76%, Timken India Ltd from 7.13% to 7.20%, Galaxy Bearings Ltd from 0.00% to 0.06%, Menon Bearings Ltd from 0.54% to 0.56%, Schaeffler India Ltd from 4.35% to 4.38% and NRB Bearings Ltd from 14.31% to 14.33%. DIIs increased their shareholding in Timken India Ltd from 21.36% to 22.51%, Schaeffler India Ltd from 15.56% to 15.88% and SKF India Ltd from 28.68% to 28.81%. DIIs reduced their shareholding in NRB Bearings Ltd from 19.69% to 18.59%.

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, ZNL 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.

 

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