Sector Trends     31-Oct-22
Sector
Castings, Forgings &Fastners

 

Sector

Market Cap

No of Companies

Castings, Forgings &Fastners

142089.08

45

 

Net worth

28659.66

TTM Sales

44310.52

TTM Sales Var (%)

33.66

Debt

14250.35

TTM OP

6959.76

TTM NP Var (%)

38.94

Capital Employed

45862.77

TTM OPM (%)

17.46

EV/TM Sales

3.21

Net Block

21449.29

TTM PATM (%)

8.96

EV/TTM EBITDA

22.14

Current Assets

26287.82

Debt / Equity

0.50

P/E

35.77

ROCE (%)

26.84

RONW (%)

13.86

P/B

4.96

The above figures are in Rs. Crores as of 31 Oct 2022

TTM ended June 2022

 

31 Oct 2022

30 Sep 2022

31 Oct 2021

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

142085.39

130758.17

135244.67

8.66

5.06

Total Marketcap

28080213.27

27315611.54

26245934.04

2.8

6.99

Sector's share

0.51

0.48

0.52

0.03

-0.01

Sector No of companies

44

44

44

0

0

Total Listed companies

4179

4183

4061

-4

118

Sector's share

1.05

1.05

1.08

0

-0.03

Nifty 50

18012.2

17094.35

17671.65

5.37

1.93

 

Gainers

Company Name

31/10/2022

30/09/2022

Var%

Kalyani Forge

266.25

190.40

39.84

Poojawes. Metal.

53.05

38.45

37.97

PTC Industries

2953.85

2366.90

24.80

Bharat Forge

834.70

695.40

20.03

Sterling Tools

250.85

210.30

19.28

Losers

Company Name

31/10/2022

30/09/2022

Var%

Porwal Auto Comp

26.50

30.65

-13.54

JayaswalNeco

23.90

27.45

-12.93

Captain Techno.

74.20

84.00

-11.67

LGB Forge

10.21

11.27

-9.41

Simplex Castings

34.05

37.20

-8.47

 

During the month of October 2022, Castings, Forgings &Fastners sector's Marketcap increased 8.66% to Rs 142085.39 crore, compared to 2.8% rise in total listed marketcap to Rs 28080213.27 crore.

Sector's share of total listed marketcap moved to 0.51% in October 2022 from 0.48% in September 2022 and 0.52% in October 2021.



In terms of price appreciation in the sector, there were 27 gainers and 11 losers in the month of Oct 2022. The gainers accounted for 60.00% of sector companies, losers accounted for 24.44% of sector companies, while 7% remained unchanged.

The top 3 gainers were Kalyani Forge (39.84% gain), Poojawes. Metal. (37.97% gain) and PTC Industries (24.80% gain).

The 3 losers at the bottom were Porwal Auto Comp (-13.54% fall), JayaswalNeco (-12.93% fall) and Captain Techno. (-11.67% fall).

During the month Ganga Forging Ltd, Steelcast Ltd, Sona BLW Precision Forgings Ltd, Ramkrishna Forgings Ltd and Mahindra CIE Automotive Ltd announced their results. Of these Steelcast Ltd, Sona BLW Precision Forgings Ltd, Ramkrishna Forgings Ltd and Mahindra CIE Automotive Ltd reported rise in net profit attributable to shareholders. Companies like Ganga Forging Ltd reported fall in net profit attributable to shareholders.



Hilton Metal Forging Ltd company became ex-rights.

FIIs increased their shareholding in Sona BLW Precision Forgings Ltd from 8.80% to 11.56%, Bharat Forge Ltd from 18.82% to 19.30%, Mahindra CIE Automotive Ltd from 6.85% to 7.27%, Electrosteel Castings Ltd from 16.36% to 16.69%, Ramkrishna Forgings Ltd from 13.51% to 13.56%, M M Forgings Ltd from 0.78% to 0.83% and Sterling Tools Ltd from 0.00% to 0.01%. FIIs reduced their shareholding in AIA Engineering Ltd from 18.13% to 18.02% and Nelcast Ltd from 0.17% to 0.03%.

DIIs increased their shareholding in Sona BLW Precision Forgings Ltd from 14.39% to 23.92% and Sundram Fasteners Ltd from 17.60% to 18.53%. DIIs reduced their shareholding in AIA Engineering Ltd from 20.11% to 20.06%, Electrosteel Castings Ltd from 2.10% to 1.97%, Mahindra CIE Automotive Ltd from 7.73% to 7.47%, Ramkrishna Forgings Ltd from 5.37% to 4.93%, Bharat Forge Ltd from 24.23% to 23.25% and M M Forgings Ltd from 19.11% to 17.59%.

Promoters increased their shareholding in PTC Industries Ltd from 67.80% to 69.41%, PoojawesternMetaliks Ltd from 70.30% to 70.43%, Mahindra CIE Automotive Ltd from 74.87% to 74.96% and Krishanveer Forge Ltd from 72.45% to 72.47%. Promoters reduced their shareholding in Synergy Green Industries Ltd from 74.16% to 74.02%, Sundram Fasteners Ltd from 49.69% to 48.51%, Tirupati Forge Ltd from 58.78% to 57.59%, Hilton Metal Forging Ltd from 47.33% to 39.26% and Sona BLW Precision Forgings Ltd from 67.18% to 53.59%.

During the month Annual reports of Bharat Forge Ltd, DCM Ltd, Electrosteel Castings Ltd, ISPL Industries Ltd, J S Auto Cast Foundry India Pvt Ltd, Sundram Fasteners Ltd, Tayo Rolls Ltd, Bhagwati Autocast Ltd, PoojawesternMetaliks Ltd, Uni Abex Alloy Products Ltd, Ganga Forging Ltd, Oswal Castings Pvt Ltd, Synergy Green Industries Ltd, Taparia Tools Ltd, Abhishek Alloys Pvt Ltd, Nitin Castings Ltd, Veltech Forging Ltd, Investment & Precision Castings Ltd, Sivanandha Steels Ltd, Pitti Castings Pvt Ltd, Metalyst Forgings Ltd, Krishanveer Forge Ltd, A Raymond Fastners India Pvt Ltd, EL Forge Ltd, Simmonds Marshall Ltd, Smiths & Founders (India) Ltd, Ganesh Foundry & Castings Ltd, Simplex Castings Ltd, Kalyani Forge Ltd, Steelcast Ltd, Pradeep Metals Ltd, M M Forgings Ltd, Magna Electro Castings Ltd, Porwal Auto Components Ltd, KIC Metaliks Ltd, JayaswalNeco Industries Ltd, Sterling Tools Ltd, Carnation Industries Ltd, Akar Auto Industries Ltd, PTC Industries Ltd, Oswal Industries Ltd, National Fittings Ltd, Lamina Foundries Ltd, Wheelabrator Alloy Castings Ltd, Mohindra Fasteners Ltd, Gazebo Industries Ltd, Nelcast Ltd, Creative Castings Ltd, Kolhapur Steel Ltd, Sona BLW Precision Forgings Ltd, AIA Engineering Ltd, Anup Malleables Ltd, Shri Balaji Industrial Products Ltd, Ramkrishna Forgings Ltd, Happy Forgings Ltd, Shree Ganesh Forgings Ltd, Mahindra CIE Automotive Ltd, Hilton Metal Forging Ltd, LGB Forge Ltd, Vishnu Forge Industries Ltd, Samrat Forgings Ltd, Borgwarner Emissions Systems India Pvt Ltd, MS Agarwal Foundries Pvt Ltd, ArcvacForgecast Ltd, Sanghvi Forging & Engineering Ltd, Bhagwati Steelcast Ltd, Ravi Technoforge Pvt Ltd, CHW Forge Pvt LTd, Right Tight Fastners Pvt Ltd, Universal Autofoundry Ltd, Super Screws Pvt Ltd, Prashant Castings Pvt Ltd, Himgiri Castings Pvt Ltd, SE Forge Ltd, Dekson Castings Ltd, Posco-India Pvt Ltd, Captain Technocast Ltd and Tirupati Forge Ltd were updated in Capitaline.

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