Sector Trends     30-Nov-22
Sector
Castings, Forgings & Fastners

 

Sector

Market Cap

No of Companies

Castings, Forgings & Fastners

141997.12

45

 

Net worth

29140.25

TTM Sales

47442.80

TTM Sales Var (%)

30.59

Debt

14772.18

TTM OP

7204.94

TTM NP Var (%)

21.74

Capital Employed

46970.71

TTM OPM (%)

16.86

EV/TM Sales

2.99

Net Block

21309.43

TTM PATM (%)

8.43

EV/TTM EBITDA

21.49

Current Assets

27652.57

Debt / Equity

0.51

P/E

35.51

ROCE (%)

28.04

RONW (%)

13.72

P/B

4.87

The above figures are in Rs. Crores as of 30 Nov 2022

TTM ended September 2022

 

30 Nov 2022

31 Oct 2022

30 Nov 2021

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

141990.49

142085.38

135806.28

-0.07

4.55

Total Marketcap

29023268.51

28105014.48

25936822.9

3.27

11.9

Sector's share

0.49

0.51

0.52

-0.02

-0.03

Sector No of companies

43

44

45

-1

-2

Total Listed companies

4206

4179

4067

27

139

Sector's share

1.02

1.05

1.11

-0.03

-0.09

Nifty 50

18758.35

18012.2

16983.2

4.14

10.45

 

Gainers

Company Name

30/11/2022

28/10/2022

Var%

Simplex Castings

50.50

33.05

52.80

Akar Auto Indust

90.85

63.50

43.07

Pradeep Metals

150.15

118.55

26.66

Magna Electrocas

414.00

333.40

24.18

DCM

93.30

77.55

20.31

Losers

Company Name

30/11/2022

28/10/2022

Var%

Universal Auto.

98.00

123.00

-20.33

Uni Abex Alloy

613.25

725.40

-15.46

Poojawes. Metal.

48.25

55.80

-13.53

Palco Metals Ltd

61.25

70.00

-12.50

Porwal Auto Comp

23.60

26.75

-11.78

 

During the month of November 2022, Castings, Forgings & Fastners sector's Marketcap decreased -0.07% to Rs 141990.49 crore, compared to 3.27% rise in total listed marketcap to Rs 29023268.51 crore.

Sector's share of total listed marketcap moved to 0.49% in November 2022 from 0.51% in October 2022 and 0.52% in November 2021.





In terms of price appreciation in the sector, there were 19 gainers and 19 losers in the month of Nov 2022. The gainers accounted for 42.22% of sector companies, losers accounted for 42.22% of sector companies, while 7% remained unchanged.

The top 3 gainers were Simplex Castings (52.80% gain), Akar Auto Indust (43.07% gain) and Pradeep Metals (26.66% gain).

The 3 losers at the bottom were Universal Auto. (-20.33% fall), Uni Abex Alloy (-15.46% fall) and Poojawes. Metal. (-13.53% fall).

During the month Bharat Forge Ltd, DCM Ltd, Electrosteel Castings Ltd, Sundram Fasteners Ltd, Tayo Rolls Ltd, Bhagwati Autocast Ltd, Poojawestern Metaliks Ltd, Uni Abex Alloy Products Ltd, Synergy Green Industries 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, Simplex Castings Ltd, Kalyani Forge Ltd, Pradeep Metals Ltd, M M Forgings Ltd, Magna Electro Castings Ltd, Porwal Auto Components Ltd, KIC Metaliks Ltd, Jayaswal Neco Industries Ltd, Sterling Tools Ltd, Carnation Industries Ltd, Akar Auto Industries Ltd, PTC Industries Ltd, National Fittings Ltd, Mohindra Fasteners Ltd, Nelcast Ltd, Creative Castings Ltd, AIA Engineering Ltd, Palco Metals Ltd, Hilton Metal Forging Ltd, LGB Forge Ltd, Samrat Forgings Ltd, Universal Autofoundry Ltd and Tirupati Forge Ltd announced their results. Of these DCM Ltd, Electrosteel Castings Ltd, Bhagwati Autocast Ltd, Poojawestern Metaliks Ltd, Taparia Tools Ltd, Nitin Castings Ltd, Krishanveer Forge Ltd, Simplex Castings Ltd, Pradeep Metals Ltd, M M Forgings Ltd, Magna Electro Castings Ltd, Jayaswal Neco Industries Ltd, Sterling Tools Ltd, PTC Industries Ltd, National Fittings Ltd, Nelcast Ltd, Creative Castings Ltd, AIA Engineering Ltd, Palco Metals Ltd, Samrat Forgings Ltd, Universal Autofoundry Ltd and Tirupati Forge Ltd reported rise in net profit attributable to shareholders. Companies like Bharat Forge Ltd, Sundram Fasteners Ltd, KIC Metaliks Ltd, Mohindra Fasteners Ltd, Uni Abex Alloy Products Ltd, Akar Auto Industries Ltd, Smiths & Founders (India) Ltd and Simmonds Marshall Ltd reported fall in net profit attributable to shareholders.



Companies like Hilton Metal Forging Ltd and Investment & Precision Castings Ltd reported loss to profit and Synergy Green Industries Ltd, EL Forge Ltd, Kalyani Forge Ltd and LGB Forge Ltd reported profit to loss.

Bharat Forge Ltd, Ramkrishna Forgings Ltd, Steelcast Ltd, Sundram Fasteners Ltd and Sundram Fasteners Ltd became ex-dividend.

FIIs increased their shareholding in Sona BLW Precision Forgings Ltd from 8.80% to 11.56%, Ramkrishna Forgings Ltd from 13.56% to 14.52%, Nelcast Ltd from 0.03% to 0.83%, Bharat Forge Ltd from 18.82% to 19.30%, Mahindra CIE Automotive Ltd from 6.85% to 7.27%, Steelcast Ltd from 0.02% to 0.11%, M M Forgings Ltd from 0.83% to 0.91%, DCM Ltd from 0.00% to 0.06% and Jayaswal Neco Industries Ltd from 0.00% to 0.03%. FIIs reduced their shareholding in AIA Engineering Ltd from 18.13% to 18.02% and Electrosteel Castings Ltd from 16.69% to 15.23%.

DIIs increased their shareholding in Sona BLW Precision Forgings Ltd from 14.39% to 23.92%, Sundram Fasteners Ltd from 17.59% to 18.53% and Uni Abex Alloy Products Ltd from 0.03% to 0.59%. DIIs reduced their shareholding in AIA Engineering Ltd from 20.11% to 20.06%, Electrosteel Castings Ltd from 1.97% to 1.80%, DCM Ltd from 6.38% to 6.16%, Mahindra CIE Automotive Ltd from 7.74% to 7.46%, Sterling Tools Ltd from 6.56% to 5.72%, Bharat Forge Ltd from 24.24% to 23.25%, M M Forgings Ltd from 17.59% to 16.11% and Ramkrishna Forgings Ltd from 4.93% to 3.07%.

Promoters increased their shareholding in Investment & Precision Castings Ltd from 51.50% to 51.91%, Simmonds Marshall Ltd from 58.77% to 59.12%, Mahindra CIE Automotive Ltd from 74.87% to 74.96%, Ramkrishna Forgings Ltd from 46.24% to 46.27% and Porwal Auto Components Ltd from 37.16% to 37.17%. Promoters reduced their shareholding in M M Forgings Ltd from 56.34% to 56.33%, Synergy Green Industries Ltd from 74.16% to 74.02%, Sundram Fasteners Ltd from 49.69% to 48.51% and Sona BLW Precision Forgings Ltd from 67.18% to 53.58%.

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, Poojawestern Metaliks 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, Pritika Engineering Components 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, Jayaswal Neco 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, DCM Engineering 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, Arcvac Forgecast 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, Tirupati Forge Ltd and Kalyani Technoforge Ltd were updated in Capitaline.

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