Sector Trends     30-Sep-23
Sector
Castings, Forgings & Fastners

Date: 29 Sep 2023

Castings, Forgings & Fastners

Sector

Market Cap

No of Companies

Castings, Forgings & Fastners

150056.57

46

 

NetWorth

23439.01

TTM Sales

78867.77

TTM Sales Var (%)

23.61

Debt

39111.69

TTM OP

10212.46

TTM NP Var (%)

13.13

Capital Employed

67985.53

TTM OPM (%)

14.48

EV/TM Sales

1.90

Net Block

23128.78

TTM PATM (%)

4.25

EV/TTM EBITDA

17.87

Current Assets

42481.31

Debt / Equity

1.67

P/E

44.75

ROCE (%)

37.60

RONW (%)

14.31

P/B

6.40

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

TTM ended June 2023

29 Sep 2023

31 Aug 2022

31 Aug 2021

MoM Var. (%)

YoY Var. (%)

Sector Marketcap

150056.57 96455.03 86286.16 55.57 73.91

Total Marketcap

32073208.11 28153731.53 26224238.3 13.92 22.3

Sector's share

0.47 0.34 0.33 0.13 0.14

Sector No of companies

46 42 43 4 3

Total Listed companies

4410 4144 4017 266 393

Sector's share

1.04 1.01 1.07 0.03 -0.03

Nifty 50

19638.3 19253.8 17094.35 2 14.88

 

Gainers

Company Name
29/09/2023
29/08/2023
Var%
Kalyani Forge 502.70 349.00 44.04
Creative Casting 841.80 588.20 43.11
Bhagwati Auto 599.00 422.35 41.83
DCM 97.06 76.27 27.26
Synergy Green 253.75 200.20 26.75

Losers

Company Name
29/09/2023
29/08/2023
Var%
Simplex Castings 52.00 60.50 -14.05
Captain Techno. 115.00 129.00 -10.85
Magna Electrocas 510.80 566.50 -9.83
Universal Auto. 264.85 280.75 -5.66
CIE Automotive 480.45 506.35 -5.12

 

During the month of September 2023, Castings, Forgings & Fastners sector’s Marketcap increased 55.57% to Rs 150056.57 crore, compared to 13.92% rise in total listed marketcap to Rs 32073208.11 crore.

Sector’s share of total listed marketcap moved to 0.47% in September 2023 from 0.34% in August 2022 and 0.33% in August 2021.


In terms of price appreciation in the sector, there were 24 gainers and 14 losers in the month of Sep 2023. The gainers accounted for 52.17% of sector companies, losers accounted for 30.43% of sector companies, while 8% remained unchanged.

The top 3 gainers were Kalyani Forge (44.04% gain), Creative Casting (43.11% gain) and Bhagwati Auto (41.83% gain).

The 3 losers at the bottom were Simplex Castings (-14.05% fall), Captain Techno. (-10.85% fall) and Magna Electrocas (-9.83% fall).

AIA Engineering Ltd, Bhagwati Autocast Ltd, Captain Technocast Ltd, Creative Castings Ltd, Electrosteel Castings Ltd, Investment & Precision Castings Ltd, Kalyani Forge Ltd, Poojawestern Metaliks Ltd and Sterling Tools 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, Nelcast 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, Poojawestern Metaliks Ltd, Ganga Forging Ltd, Synergy Green Industries Ltd, Pritika Engineering Components Ltd and De Neers Tools Ltd filed their shareholding patterns.

FIIs increased their shareholding in Ramkrishna Forgings Ltd from 14.81% to 16.35%, Hilton Metal Forging Ltd from 0.00% to 0.39%, Electrosteel Castings Ltd from 14.69% to 14.93%, Steelcast Ltd from 0.09% to 0.26%, TVS Holdings Ltd from 0.81% to 0.97% and AIA Engineering Ltd from 18.04% to 18.05%. FIIs reduced their shareholding in Sterling Tools Ltd from 0.06% to 0.03%, Nelcast Ltd from 0.88% to 0.79%, Bharat Forge Ltd from 16.17% to 15.79%, Synergy Green Industries Ltd from 5.92% to 5.11% and CIE Automotive India Ltd from 8.62% to 7.54%.

DIIs increased their shareholding in CIE Automotive India Ltd from 10.77% to 13.92%, Bharat Forge Ltd from 25.67% to 26.31%, Sterling Tools Ltd from 4.66% to 5.09%, PTC Industries Ltd from 0.00% to 0.24% and AIA Engineering Ltd from 20.31% to 20.46%. DIIs reduced their shareholding in Electrosteel Castings Ltd from 1.63% to 1.60%, DCM Ltd from 3.98% to 3.67%, M M Forgings Ltd from 16.81% to 16.37%, Ramkrishna Forgings Ltd from 3.41% to 2.94% and TVS Holdings Ltd from 12.51% to 11.80%.

Promoters increased their shareholding in Bhagwati Autocast Ltd from 73.75% to 73.89%, Poojawestern Metaliks Ltd from 70.58% to 70.68% and Simplex Castings Ltd from 56.51% to 56.53%. Promoters reduced their shareholding in Synergy Green Industries Ltd from 74.16% to 74.02%, Hilton Metal Forging Ltd from 28.00% to 27.67%, Steelcast Ltd from 46.07% to 45.00%, CIE Automotive India Ltd from 68.89% to 65.70% and Universal Autofoundry Ltd from 61.49% to 51.47%.

During the month Annual reports of Bharat Forge Ltd, SKS Fasteners Ltd, DCM Ltd, KHK Pressings & Forgings Pvt Ltd, Electrosteel Castings Ltd, MCS Fasteners (India) Ltd, ISPL Industries Ltd, J S Auto Cast Foundry India Pvt Ltd, TVS Holdings Ltd, Tayo Rolls Ltd, Bhagwati Autocast Ltd, Shivalik Engineering Industries Ltd, Poojawestern Metaliks Ltd, Amex Alloys Pvt Ltd, Uni Abex Alloy Products Ltd, Ganga Forging Ltd, Oswal Castings Pvt Ltd, Kumar Autocast Ltd, Synergy Green Industries Ltd, Taparia Tools Ltd, Gala Precision Engineering Pvt Ltd, Abhishek Alloys Pvt Ltd, Nitin Castings Ltd, Hiten Fasteners Pvt Ltd, Siderforgerossi India Pvt Ltd, Investment & Precision Castings Ltd, Veltech Forging Ltd, Gluhend India Pvt Ltd, Sivanandha Steels Ltd, Lava Cast Pvt Ltd, Metalyst Forgings Ltd, Pitti Castings Pvt Ltd, Krishanveer Forge Ltd, Sanmati Precision Engineering Ltd, EL Forge Ltd, A Raymond Fastners India Pvt Ltd, Pritika Engineering Components Ltd, De Neers Tools Ltd, Simmonds Marshall 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, Ramsons Castings Pvt Ltd, Techno Forge Ltd, Menon Piston Rings Pvt Ltd, Smiths & Founders (India) Ltd, Happy Steels Pvt Ltd, Ganesh Foundry & Castings Ltd, Kems Forgings Ltd, Sharp Chucks and Machines 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, 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, Indo Shell Mould Ltd, Dee Dee Steel Castings Ltd, Gazebo Industries Ltd, Nelcast 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, 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, Jyoti Toolings & Press Components Pvt Ltd, Neel Industries Pvt Ltd and Echjay Industries Pvt Ltd were updated in Capitaline.

 

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