Sector Trends     30-Jun-24
Sector
Bearings

Date: 28 Jun 2024

Bearings

Sector

Market Cap

No of Companies

Bearings

143907.87

13

 

NetWorth

8755.38

TTM Sales

13723.47

TTM Sales Var (%)

5.62

Debt

439.44

TTM OP

2258.11

TTM NP Var (%)

-1.26

Capital Employed

9313.68

TTM OPM (%)

19.77

EV/TM Sales

10.49

Net Block

3044.03

TTM PATM (%)

12.41

EV/TTM EBITDA

62.62

Current Assets

8062.74

Debt / Equity

0.05

P/E

84.53

ROCE (%)

76.76

RONW (%)

19.44

P/B

16.44

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

143907.87 96518.18 73264.03 49.1 96.42

Total Marketcap

44240598.14 28483979.84 24489912.48 55.32 80.65

Sector's share

0.33 0.34 0.3 -0.01 0.03

Sector No of companies

13 13 12 0 1

Total Listed companies

4672 4301 4108 371 564

Sector's share

0.28 0.3 0.29 -0.02 -0.01

Nifty 50

24010.6 22530.7 19189.05 6.57 25.13

 

Gainers

Company Name
28/06/2024
28/05/2024
Var%
Menon Bearings 140.50 122.70 14.51
Austin Engg Co 228.80 202.20 13.16
Benara Bearings 16.49 14.74 11.87
NRB Bearings 349.15 315.90 10.53
NRB Indl Bearing 37.09 34.82 6.52

Losers

Company Name
28/06/2024
28/05/2024
Var%
Galaxy Bearings 1416.00 1462.80 -3.20
Vishal Bearings 132.90 134.20 -0.97

 

During the month of June 2024, Bearings sector’s Marketcap increased 49.1% to Rs 143907.87 crore, compared to 55.32% rise in total listed marketcap to Rs 44240598.14 crore.

Sector’s share of total listed marketcap moved to 0.33% in June 2024 from 0.34% in May 2023 and 0.3% in May 2022.


In terms of price appreciation in the sector, there were 10 gainers and 2 losers in the month of Jun 2024. The gainers accounted for 76.92% of sector companies, losers accounted for 15.38% of sector companies, while 1% remained unchanged.

The top 3 gainers were Menon Bearings (14.51% gain), Austin Engg Co (13.16% gain) and Benara Bearings (11.87% gain).

The 2 losers at the bottom were Galaxy Bearings (-3.20% fall) and Vishal Bearings (-0.97% 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 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, TN 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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