Sector Trends     31-Dec-23
Sector
Castings, Forgings & Fastners

Date: 29 Dec 2023

Castings, Forgings & Fastners

Sector

Market Cap

No of Companies

Castings, Forgings & Fastners

188883.45

53

 

NetWorth

23962.84

TTM Sales

81446.94

TTM Sales Var (%)

19.13

Debt

40037.54

TTM OP

10922.73

TTM NP Var (%)

14.04

Capital Employed

70340.82

TTM OPM (%)

15.30

EV/TM Sales

2.32

Net Block

22426.59

TTM PATM (%)

4.75

EV/TTM EBITDA

20.32

Current Assets

48061.27

Debt / Equity

1.67

P/E

48.87

ROCE (%)

43.18

RONW (%)

16.13

P/B

7.88

The above figures are in Rs. Crores as of 29 Dec 2023

TTM ended September 2023

29 Dec 2023

30 Nov 2022

30 Nov 2021

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

188883.45 113011.35 85860.37 67.14 119.99

Total Marketcap

36621601.69 29126959.18 26743685.54 25.73 36.94

Sector's share

0.52 0.39 0.32 0.13 0.2

Sector No of companies

53 43 45 10 8

Total Listed companies

4507 4206 4115 301 392

Sector's share

1.18 1.02 1.09 0.16 0.09

Nifty 50

21731.4 20133.15 18105.3 7.94 20.03

 

Gainers

Company Name
29/12/2023
29/11/2023
Var%
TVS Holdings 7758.50 5786.20 34.09
Kalyani Cast-Tec 501.55 389.95 28.62
Smiths & Founder 5.05 4.00 26.25
National Fitting 155.40 123.65 25.68
GTV Engineering 503.15 403.35 24.74

Losers

Company Name
29/12/2023
29/11/2023
Var%
Hilton Met.Forg. 113.30 143.75 -21.18
Inv.& Prec.Cast. 630.05 739.45 -14.79
Universal Auto. 197.25 230.70 -14.50
Porwal Auto Comp 44.07 49.00 -10.06
Simplex Castings 63.02 69.84 -9.77

 

During the month of December 2023, Castings, Forgings & Fastners sector’s Marketcap increased 67.14% to Rs 188883.45 crore, compared to 25.73% rise in total listed marketcap to Rs 36621601.69 crore.

Sector’s share of total listed marketcap moved to 0.52% in December 2023 from 0.39% in November 2022 and 0.32% in November 2021.


In terms of price appreciation in the sector, there were 24 gainers and 15 losers in the month of Dec 2023. The gainers accounted for 45.28% of sector companies, losers accounted for 28.30% of sector companies, while 14% remained unchanged.

The top 3 gainers were TVS Holdings (34.09% gain), Kalyani Cast-Tec (28.62% gain) and Smiths & Founder (26.25% gain).

The 3 losers at the bottom were Hilton Met.Forg. (-21.18% fall), Inv.& Prec.Cast. (-14.79% fall) and Universal Auto. (-14.50% fall).

During the month Bharat Forge Ltd, DCM Ltd, Electrosteel Castings Ltd, TVS Holdings Ltd, Tayo Rolls Ltd, Kennametal India 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, Happy 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, Sundaram Clayton Ltd, Pritika Engineering Components Ltd, Kalyani Cast-Tech Ltd, Pattech Fitwell Tube Components Ltd, Sharp Chucks and Machines Ltd and Amic Forging Ltd filed their shareholding patterns.

FIIs increased their shareholding in Amic Forging Ltd from 0.00% to 6.99%, Ramkrishna Forgings Ltd from 18.13% to 23.67%, 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%, Kennametal India Ltd from 0.71% to 0.87%, Steelcast Ltd from 0.26% to 0.38% and M M Forgings Ltd from 1.64% to 1.72%. 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%, Amic Forging Ltd from 0.00% to 0.23%, 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 2.78% to 2.65%, DCM Ltd from 3.67% to 3.34%, Kennametal India Ltd from 13.00% to 12.59%, 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 Tirupati Forge Ltd from 57.59% to 57.69%. Promoters reduced their shareholding in LGB Forge Ltd from 73.82% to 73.79%, Ganga Forging Ltd from 59.53% to 59.35%, PTC Industries Ltd from 67.93% to 67.03%, Ramkrishna Forgings Ltd from 47.41% to 43.14%, Universal Autofoundry Ltd from 51.47% to 42.52% and Amic Forging Ltd from 78.38% to 57.74%.

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, Kennametal India 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, Sundaram Clayton Ltd, Gala Precision Engineering Pvt Ltd, Nitin Castings Ltd, Abhishek Alloys Pvt Ltd, Hiten Fasteners Pvt Ltd, Investment & Precision Castings Ltd, Siderforgerossi India Pvt Ltd, Veltech Forging Ltd, Sivanandha Steels Ltd, Gluhend India Pvt Ltd, Metalyst Forgings Ltd, Lava Cast Pvt Ltd, Pitti Castings Pvt Ltd, Krishanveer Forge Ltd, EL Forge Ltd, Sanmati Precision Engineering Ltd, A Raymond Fastners India Pvt Ltd, Pritika Engineering Components Ltd, Simmonds Marshall Ltd, Kalyani Cast-Tech Ltd, LSR Forge Pvt Ltd, Hanchang India Pvt Ltd, Pattech Fitwell Tube Components Ltd, AMA India Enterprises Pvt Ltd, Honsberg Saws India Pvt Ltd, Bollhoff Fastenings Pvt Ltd, Techno Forge Ltd, Sunfast TVS Ltd, Smiths & Founders (India) Ltd, Wear Steels Pvt Ltd, Shree Sponge Steel & Casting Ltd, Aditya Forge Ltd, Rollwell Forge Pvt Ltd, N S I (India) Ltd, Simplex Castings Ltd, Ramsons Castings Pvt Ltd, Leak-Proof Cast (India) Pvt Ltd, Karan Techno Cast Pvt Ltd, Kalyani Forge Ltd, Weartech Alloys Pvt Ltd, Steelcast Ltd, Upper India Special Castings Ltd, Pradeep Metals Ltd, Voestalpine Vae V K N India Pvt Ltd, Menon Piston Rings Pvt Ltd, J K E W Metalec Ltd, Mutha Engineering Pvt Ltd, M M Forgings Ltd, Marvelous Engineers Pvt Ltd, Shivagrico Implements Ltd, Indoshell Automotive Systems India Pvt Ltd, Magna Electro Castings Ltd, Happy Steels Pvt Ltd, Porwal Auto Components Ltd, Arjan Dass & Sons Pvt Ltd, Unique Valves Pvt Ltd, Kems Forgings Ltd, Sharp Chucks and Machines Ltd, Amic Forging Ltd, Singla Forging Pvt Ltd, Jayaswal Neco Industries Ltd, Hi-Mac Castings Pvt Ltd, Osho Tools Pvt Ltd, J G Foundry Ltd, Rajasthan Udyogs & Tools 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, Logwell Forge 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, Auto International (India) 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.

 

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