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

 

Sector

Market Cap

No of Companies

Castings, Forgings &Fastners

130761.87

45

 

Net worth

28433.09

TTM Sales

44310.52

TTM Sales Var (%)

33.66

Debt

14345.11

TTM OP

6959.76

TTM NP Var (%)

38.94

Capital Employed

45701.07

TTM OPM (%)

17.46

EV/TM Sales

2.95

Net Block

21331.01

TTM PATM (%)

8.96

EV/TTM EBITDA

20.52

Current Assets

26123.99

Debt / Equity

0.50

P/E

32.92

ROCE (%)

26.99

RONW (%)

13.97

P/B

4.60

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

TTM ended June 2022

 

30 Sep 2022

31 Aug 2022

30 Sep 2021

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

130758.18

135207.34

128760.33

-3.29

1.55

Total Marketcap

27271513.73

28135071.79

26215598.16

-3.07

4.03

Sector's share

0.48

0.48

0.49

0

-0.01

Sector No of companies

44

44

44

0

0

Total Listed companies

4183

4144

4017

39

166

Sector's share

1.05

1.06

1.1

-0.01

-0.05

Nifty 50

17094.35

17759.3

17618.15

-3.74

-2.97

 

Gainers

Company Name

30/09/2022

30/08/2022

Var%

Poojawes. Metal.

38.45

23.50

63.62

Porwal Auto Comp

30.65

22.20

38.06

Creative Casting

544.85

414.40

31.48

JayaswalNeco

27.45

22.15

23.93

Inv.&Prec.Cast.

295.50

238.65

23.82

Losers

Company Name

30/09/2022

30/08/2022

Var%

Bhagwati Auto

201.60

241.95

-16.68

Smiths & Founder

4.23

5.00

-15.40

M M Forgings

800.35

922.70

-13.26

Magna Electrocas

318.95

362.50

-12.01

Sona BLW Precis.

463.75

522.00

-11.16

 

During the month of September 2022, Castings, Forgings &Fastners sector's Marketcap decreased -3.29% to Rs 130758.18 crore, compared to -3.07% fall in total listed marketcap to Rs 27271513.73 crore.

Sector's share of total listed marketcap moved to 0.48% in September 2022 from 0.48% in August 2022 and 0.49% in September 2021.



In terms of price appreciation in the sector, there were 19 gainers and 19 losers in the month of Sep 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 Poojawes. Metal. (63.62% gain), Porwal Auto Comp (38.06% gain) and Creative Casting (31.48% gain).

The 3 losers at the bottom were Bhagwati Auto (-16.68% fall), Smiths & Founder (-15.40% fall) and M M Forgings (-13.26% fall).



Creative Castings Ltd, Nitin Castings Ltd, Akar Auto Industries Ltd, Investment & Precision Castings Ltd, Uni Abex Alloy Products Ltd, Bhagwati Autocast Ltd, Electrosteel Castings Ltd, Ramkrishna Forgings Ltd, Sterling Tools Ltd, AIA Engineering Ltd and National Fittings Ltd became ex-dividend.

FIIs increased their shareholding in Electrosteel Castings Ltd from 16.36% to 16.69%, AIA Engineering Ltd from 18.08% to 18.13%, Ramkrishna Forgings Ltd from 13.51% to 13.56%, Sundram Fasteners Ltd from 11.70% to 11.74%, 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 Nelcast Ltd from 0.17% to 0.03%, Bharat Forge Ltd from 19.80% to 18.82% and Mahindra CIE Automotive Ltd from 10.66% to 6.85%.

DIIs increased their shareholding in Bharat Forge Ltd from 23.38% to 24.23%, Mahindra CIE Automotive Ltd from 7.02% to 7.73%, Sona BLW Precision Forgings Ltd from 14.32% to 14.39% and Sundram Fasteners Ltd from 17.56% to 17.60%. DIIs reduced their shareholding in Electrosteel Castings Ltd from 2.10% to 1.97%, AIA Engineering Ltd from 20.27% to 20.11%, Ramkrishna Forgings Ltd from 5.37% to 4.93% and M M Forgings Ltd from 19.11% to 17.59%.

Promoters increased their shareholding in Mahindra CIE Automotive Ltd from 72.17% to 74.87%, PTC Industries Ltd from 67.80% to 69.41%, KIC Metaliks Ltd from 64.71% to 65.89%, Bhagwati Autocast Ltd from 73.14% to 73.32%, PoojawesternMetaliks Ltd from 70.30% to 70.43%, Synergy Green Industries Ltd from 74.14% to 74.16% and Rajkumar Forge Ltd from 72.45% to 72.47%. Promoters reduced their shareholding in Tirupati Forge Ltd from 58.78% to 57.59% and Hilton Metal Forging Ltd from 47.33% to 39.26%.

During the month Annual reports of Bharat Forge 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, Oswal Castings Pvt Ltd, Synergy Green Industries Ltd, Taparia Tools Ltd, Abhishek Alloys Pvt Ltd, Veltech Forging Ltd, Investment & Precision Castings Ltd, Sivanandha Steels Ltd, Pitti Castings Pvt Ltd, Metalyst Forgings Ltd, Rajkumar Forge Ltd, EL Forge Ltd, Simmonds Marshall 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 and Captain Technocast Ltd were updated in Capitaline.

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