Date: 30 Oct 2023
Castings, Forgings & Fastners
Sector |
Market Cap |
No of Companies |
Castings, Forgings & Fastners |
145593.01 |
47 |
NetWorth |
22850.19 |
TTM Sales |
78828.43 |
TTM Sales Var (%) |
23.60 |
Debt |
39930.58 |
TTM OP |
10208.70 |
TTM NP Var (%) |
13.11 |
Capital Employed |
69437.34 |
TTM OPM (%) |
14.48 |
EV/TM Sales |
1.85 |
Net Block |
22080.70 |
TTM PATM (%) |
4.25 |
EV/TTM EBITDA |
17.56 |
Current Assets |
46602.52 |
Debt / Equity |
1.75 |
P/E |
43.44 |
ROCE (%) |
39.37 |
RONW (%) |
14.67 |
P/B |
6.37 |
The above figures are in Rs. Crores as of 30 Oct 2023
TTM ended June 2023
|
30 Oct 2023 |
30 Sep 2022 |
30 Sep 2021 |
MoM Var. (%) |
YoY Var. (%) |
Sector Marketcap |
145588.78 |
93708.03 |
83813.4 |
55.36 |
73.71 |
Total Marketcap |
31296445.71 |
27317926.84 |
26175669.95 |
14.56 |
19.56 |
Sector's share |
0.47 |
0.34 |
0.32 |
0.13 |
0.15 |
Sector No of companies |
46 |
43 |
43 |
3 |
3 |
Total Listed companies |
4442 |
4183 |
4061 |
259 |
381 |
Sector's share |
1.04 |
1.03 |
1.06 |
0.01 |
-0.02 |
Nifty 50 |
19140.9 |
19638.3 |
18012.2 |
-2.53 |
6.27 |
Gainers |
| Company Name |
30/10/2023 |
29/09/2023 |
Var% |
| Carnation Inds. |
7.82 |
5.64 |
38.65 |
| Samrat Forgings |
454.10 |
339.75 |
33.66 |
| Galaxy Agrico |
32.51 |
24.66 |
31.83 |
| Simm. Marshall |
78.50 |
59.95 |
30.94 |
| Inv.& Prec.Cast. |
597.20 |
489.00 |
22.13 |
Losers |
| Company Name |
30/10/2023 |
29/09/2023 |
Var% |
| DCM |
78.22 |
97.06 |
-19.41 |
| Kalyani Forge |
426.05 |
502.70 |
-15.25 |
| PTC Industries |
5003.30 |
5862.50 |
-14.66 |
| GTV Engineering |
320.60 |
369.75 |
-13.29 |
| Creative Casting |
733.20 |
841.80 |
-12.90 |
During the month of October 2023, Castings, Forgings & Fastners sector’s Marketcap increased 55.36% to Rs 145588.78 crore, compared to 14.56% rise in total listed marketcap to Rs 31296445.71 crore.
Sector’s share of total listed marketcap moved to 0.47% in October 2023 from 0.34% in September 2022 and 0.32% in September 2021.
In terms of price appreciation in the sector, there were 9 gainers and 30 losers in the month of Oct 2023. The gainers accounted for 19.15% of sector companies, losers accounted for 63.83% of sector companies, while 8% remained unchanged.
The top 3 gainers were Carnation Inds. (38.65% gain), Samrat Forgings (33.66% gain) and Galaxy Agrico (31.83% gain).
The 3 losers at the bottom were DCM (-19.41% fall), Kalyani Forge (-15.25% fall) and PTC Industries (-14.66% fall).
During the month TVS Holdings Ltd, Ganga Forging Ltd, Metalyst Forgings Ltd, Aditya Forge Ltd, Sterling Tools Ltd, Nelcast Ltd, Ramkrishna Forgings Ltd and CIE Automotive India Ltd announced their results. Of these TVS Holdings Ltd, Ganga Forging Ltd, Nelcast Ltd, Ramkrishna Forgings Ltd and CIE Automotive India Ltd reported rise in net profit attributable to shareholders. Companies like Sterling Tools Ltd reported fall in net profit attributable to shareholders.
Aditya Forge Ltd reported profit to loss.
Ramkrishna Forgings Ltd became ex-dividend.
During the month Bharat Forge Ltd, DCM Ltd, Electrosteel Castings Ltd, TVS Holdings Ltd, Tayo Rolls Ltd, Bhagwati Autocast Ltd, Uni Abex Alloy Products 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, Aditya Forge Ltd, Simplex Castings Ltd, Kalyani Forge Ltd, Steelcast Ltd, Pradeep Metals Ltd, M M Forgings Ltd, Shivagrico Implements Ltd, Magna Electro Castings Ltd, Porwal Auto Components Ltd, Jayaswal Neco Industries Ltd, Sterling Tools Ltd, Carnation Industries Ltd, PTC Industries Ltd, National Fittings Ltd, GTV Engineering Ltd, Nelcast Ltd, Galaxy Agrico Exports Ltd, Creative Castings Ltd, AIA Engineering Ltd, Palco Metals Ltd, Ramkrishna Forgings Ltd, CIE Automotive India Ltd, Hilton Metal Forging Ltd, LGB Forge Ltd, Samrat Forgings Ltd, Universal Autofoundry Ltd, Dekson Castings Ltd, Captain Technocast Ltd, Tirupati Forge Ltd, Ganga Forging Ltd, Synergy Green Industries Ltd, Pritika Engineering Components Ltd and Sharp Chucks and Machines Ltd filed their shareholding patterns.
FIIs increased their shareholding in Ramkrishna Forgings Ltd from 16.35% to 18.13%, PTC Industries Ltd from 0.00% to 1.72%, Bharat Forge Ltd from 15.79% to 16.28%, AIA Engineering Ltd from 18.05% to 18.50%, Electrosteel Castings Ltd from 14.93% to 15.33%, Nelcast Ltd from 0.79% to 1.05%, Steelcast Ltd from 0.26% to 0.38%, M M Forgings Ltd from 1.64% to 1.72% and TVS Holdings Ltd from 0.97% to 0.99%. FIIs reduced their shareholding in Sterling Tools Ltd from 0.03% to 0.01%, Hilton Metal Forging Ltd from 0.39% to 0.33%, Synergy Green Industries Ltd from 5.11% to 4.57% and CIE Automotive India Ltd from 7.54% to 6.61%.
DIIs increased their shareholding in CIE Automotive India Ltd from 13.92% to 14.45%, TVS Holdings Ltd from 11.80% to 11.94%, PTC Industries Ltd from 0.24% to 0.32% and Sterling Tools Ltd from 5.09% to 5.13%. DIIs reduced their shareholding in Ramkrishna Forgings Ltd from 2.94% to 2.78%, DCM Ltd from 3.67% to 3.34%, AIA Engineering Ltd from 20.46% to 19.86%, Electrosteel Castings Ltd from 1.60% to 0.87%, Bharat Forge Ltd from 26.31% to 25.49% and M M Forgings Ltd from 16.37% to 15.40%.
Promoters increased their shareholding in Ramkrishna Forgings Ltd from 46.27% to 47.41% and Tirupati Forge Ltd from 57.59% to 57.69%. Promoters reduced their shareholding in LGB Forge Ltd from 73.82% to 73.79%, PTC Industries Ltd from 67.93% to 67.03%, Universal Autofoundry Ltd from 51.47% to 42.52% and Taparia Tools Ltd from 69.72% to 58.06%.
During the month Annual reports of Bharat Forge Ltd, Neel Industries Pvt Ltd, DCM Ltd, Echjay Industries Pvt Ltd, Electrosteel Castings Ltd, SKS Fasteners Ltd, ISPL Industries Ltd, KHK Pressings & Forgings Pvt Ltd, TVS Holdings Ltd, MCS Fasteners (India) Ltd, Tayo Rolls Ltd, J S Auto Cast Foundry India Pvt Ltd, Bhagwati Autocast Ltd, Shivalik Engineering Industries Ltd, Uni Abex Alloy Products Ltd, Amex Alloys Pvt Ltd, Ganga Forging Ltd, Oswal Castings Pvt Ltd, Kumar Autocast Ltd, Taparia Tools Ltd, Synergy Green Industries Ltd, Nitin Castings Ltd, Gala Precision Engineering Pvt Ltd, Abhishek Alloys Pvt Ltd, Investment & Precision Castings Ltd, Hiten Fasteners Pvt Ltd, Siderforgerossi India Pvt Ltd, Sivanandha Steels Ltd, Veltech Forging Ltd, Gluhend India Pvt Ltd, Metalyst Forgings Ltd, Lava Cast Pvt Ltd, Krishanveer Forge Ltd, Pitti Castings Pvt Ltd, EL Forge Ltd, Sanmati Precision Engineering Ltd, A Raymond Fastners India Pvt Ltd, Simmonds Marshall Ltd, Pritika Engineering Components Ltd, LSR Forge Pvt Ltd, Hanchang India Pvt Ltd, AMA India Enterprises Pvt Ltd, Honsberg Saws India Pvt Ltd, Bollhoff Fastenings Pvt Ltd, Sunfast TVS Ltd, Techno Forge Ltd, Ramsons Castings Pvt Ltd, Smiths & Founders (India) Ltd, Menon Piston Rings Pvt Ltd, Ganesh Foundry & Castings Ltd, Happy Steels Pvt Ltd, Kems Forgings Ltd, Aditya Forge Ltd, Sharp Chucks and Machines Ltd, Singla Forging Pvt Ltd, Simplex Castings Ltd, Hi-Mac Castings Pvt Ltd, Siyaram Recycling Industries Ltd, Kalyani Forge Ltd, Steelcast Ltd, Pradeep Metals Ltd, M M Forgings Ltd, Shivagrico Implements Ltd, Magna Electro Castings Ltd, Porwal Auto Components Ltd, Unique Valves Pvt Ltd, Jayaswal Neco Industries Ltd, J G Foundry Ltd, Sterling Tools Ltd, Carnation Industries Ltd, PTC Industries Ltd, Vignyan Industries Ltd, Oswal Industries Ltd, National Fittings Ltd, Lamina Foundries Ltd, Wheelabrator Alloy Castings Ltd, Mohindra Fasteners Ltd, GTV Engineering Ltd, Indo Shell Mould Ltd, Dee Dee Steel Castings Ltd, Gazebo Industries Ltd, Nelcast Ltd, Galaxy Agrico Exports Ltd, Ghatghe Patil Industries Ltd, Creative Castings Ltd, Kolhapur Steel Ltd, Steel & Industrial Forgings Ltd, Datre Corporation Ltd, AIA Engineering Ltd, Anup Malleables Ltd, Hindusthan Malleable & Forgings Ltd, Uni Deritend Ltd, Victory Iron Works Ltd, Shri Balaji Industrial Products Ltd, Palco Metals Ltd, Ramkrishna Forgings Ltd, Happy Forgings Ltd, Sadhu Forgings Ltd, Sanmar Matrix Metals Ltd, Shree Ganesh Forgings Ltd, United Foundries Pvt Ltd, Pooja Forge Ltd, Shaifali Steels Ltd, Tamboli Castings Ltd, Pricol Castings Ltd, CIE Automotive India Ltd, Hilton Metal Forging Ltd, SRS Diecastings Pvt Ltd, LGB Forge Ltd, Vishnu Forge Industries Ltd, Shivaani Alloy Steel Castings Ltd, Bakul Casting Pvt Ltd, Munjal Kiriu Industries Pvt Ltd, Samrat Forgings Ltd, Borgwarner Emissions Systems India Pvt Ltd, MS Agarwal Foundries Pvt Ltd, Shriram Foundry Ltd, Arcvac Forgecast Ltd, Sanghvi Forging & Engineering Ltd, Bhagwati Steelcast Ltd, Ravi Technoforge Pvt Ltd, Deem Roll Tech Ltd, CHW Forge Pvt LTd, JVR Forgings Ltd, Right Tight Fastners Pvt Ltd, Western India Forgings Pvt Ltd, Sunstar Precision Forge Ltd, Mahamaya Casting Pvt Ltd, Mahavir Rolling Mill Ltd, Mahavir Die Casters Pvt Ltd, Nexo Industries Pvt Ltd, Paranjape Autocast Pvt Ltd, Vinir Engineering Pvt Ltd, Universal Autofoundry Ltd, Super Screws Pvt Ltd, Bhagwati Spherocast Pvt Ltd, Prashant Castings Pvt Ltd, Prashant Castech Pvt Ltd, G B Tools & Forgings Ltd, Himgiri Castings Pvt Ltd, SE Forge Ltd, Dekson Castings Ltd, Posco-India Pvt Ltd, Apollo Techno Forge Pvt Ltd, Captain Technocast Ltd, Achieve Techno Cast Pvt Ltd, Kishan Forge Pvt Ltd, Tirupati Forge Ltd, Kalyani Technoforge Ltd, Anu Fasteners Pvt Ltd and Jyoti Toolings & Press Components Pvt Ltd were updated in Capitaline.
