Date: 28 Feb 2024
Castings, Forgings & Fastners
Sector |
Market Cap |
No of Companies |
Castings, Forgings & Fastners |
185325.35 |
53 |
NetWorth |
22905.07 |
TTM Sales |
83775.85 |
TTM Sales Var (%) |
15.17 |
Debt |
33307.70 |
TTM OP |
12783.99 |
TTM NP Var (%) |
37.68 |
Capital Employed |
62434.66 |
TTM OPM (%) |
17.06 |
EV/TM Sales |
2.21 |
Net Block |
18706.30 |
TTM PATM (%) |
6.14 |
EV/TTM EBITDA |
16.64 |
Current Assets |
41422.15 |
Debt / Equity |
1.45 |
P/E |
36.04 |
ROCE (%) |
61.28 |
RONW (%) |
22.45 |
P/B |
8.09 |
The above figures are in Rs. Crores as of 28 Feb 2024
TTM ended December 2023
|
28 Feb 2024 |
31 Jan 2023 |
31 Jan 2022 |
MoM Var. (%) |
YoY Var. (%) |
Sector Marketcap |
185309.32 |
114155.75 |
86076.94 |
62.33 |
115.28 |
Total Marketcap |
38849922.4 |
27157567.18 |
25408087.59 |
43.05 |
52.9 |
Sector's share |
0.48 |
0.42 |
0.34 |
0.06 |
0.14 |
Sector No of companies |
52 |
46 |
44 |
6 |
8 |
Total Listed companies |
4541 |
4248 |
4096 |
293 |
445 |
Sector's share |
1.15 |
1.08 |
1.07 |
0.07 |
0.08 |
Nifty 50 |
21951.15 |
21725.7 |
17303.95 |
1.04 |
26.86 |
Gainers |
| Company Name |
28/02/2024 |
25/01/2024 |
Var% |
| Captain Techno. |
168.00 |
120.50 |
39.42 |
| Simplex Castings |
106.64 |
78.02 |
36.68 |
| Porwal Auto Comp |
67.76 |
49.62 |
36.56 |
| Galaxy Agrico |
50.87 |
38.91 |
30.74 |
| Pradeep Metals |
254.60 |
208.85 |
21.91 |
Losers |
| Company Name |
28/02/2024 |
25/01/2024 |
Var% |
| Bhagwati Auto |
478.05 |
607.80 |
-21.35 |
| National Fitting |
108.00 |
133.60 |
-19.16 |
| Krishanveer Forg |
73.68 |
87.60 |
-15.89 |
| Kalyani Cast-Tec |
500.00 |
593.50 |
-15.75 |
| Gujarat Intrux |
263.60 |
309.65 |
-14.87 |
During the month of February 2024, Castings, Forgings & Fastners sector’s Marketcap increased 62.33% to Rs 185309.32 crore, compared to 43.05% rise in total listed marketcap to Rs 38849922.4 crore.
Sector’s share of total listed marketcap moved to 0.48% in February 2024 from 0.42% in January 2023 and 0.34% in January 2022.
In terms of price appreciation in the sector, there were 18 gainers and 25 losers in the month of Feb 2024. The gainers accounted for 33.96% of sector companies, losers accounted for 47.17% of sector companies, while 10% remained unchanged.
The top 3 gainers were Captain Techno. (39.42% gain), Simplex Castings (36.68% gain) and Porwal Auto Comp (36.56% gain).
The 3 losers at the bottom were Bhagwati Auto (-21.35% fall), National Fitting (-19.16% fall) and Krishanveer Forg (-15.89% fall).
During the month Bharat Forge Ltd, DCM Ltd, Electrosteel Castings Ltd, Tayo Rolls Ltd, Kennametal India Ltd, Bhagwati Autocast Ltd, Uni Abex Alloy Products Ltd, Ganga Forging Ltd, Kumar Autocast Ltd, Synergy Green Industries Ltd, Taparia Tools Ltd, Nitin Castings Ltd, Krishanveer Forge Ltd, EL Forge Ltd, Simmonds Marshall Ltd, Simplex Castings Ltd, Kalyani Forge Ltd, Pradeep Metals Ltd, M M Forgings Ltd, Shivagrico Implements Ltd, Magna Electro Castings Ltd, Porwal Auto Components Ltd, Sterling Tools Ltd, Carnation Industries Ltd, PTC Industries Ltd, National Fittings Ltd, Mohindra Fasteners Ltd, GTV Engineering Ltd, Galaxy Agrico Exports Ltd, Creative Castings Ltd, AIA Engineering Ltd, Palco Metals Ltd, Happy Forgings Ltd, CIE Automotive India Ltd, Hilton Metal Forging Ltd, LGB Forge Ltd, Samrat Forgings Ltd, Universal Autofoundry Ltd and Tirupati Forge Ltd announced their results. Of these Bharat Forge Ltd, Electrosteel Castings Ltd, Kennametal India Ltd, Uni Abex Alloy Products Ltd, Taparia Tools Ltd, Nitin Castings Ltd, Ganga Forging Ltd, M M Forgings Ltd, Porwal Auto Components Ltd, PTC Industries Ltd, GTV Engineering Ltd, Happy Forgings Ltd, Hilton Metal Forging Ltd and Tirupati Forge Ltd reported rise in net profit attributable to shareholders. Companies like AIA Engineering Ltd, CIE Automotive India Ltd, Sterling Tools Ltd, Pradeep Metals Ltd, Mohindra Fasteners Ltd, Magna Electro Castings Ltd, Kalyani Forge Ltd, National Fittings Ltd, Creative Castings Ltd, Samrat Forgings Ltd, Kumar Autocast Ltd and Bhagwati Autocast Ltd reported fall in net profit attributable to shareholders.
Companies like CIE Automotive India Ltd, Palco Metals Ltd, Synergy Green Industries Ltd, Simmonds Marshall Ltd, Krishanveer Forge Ltd, Simplex Castings Ltd, EL Forge Ltd and Galaxy Agrico Exports Ltd reported loss to profit and Shivagrico Implements Ltd and Universal Autofoundry Ltd reported profit to loss.
Bharat Forge Ltd, Electrosteel Castings Ltd, Steelcast Ltd and Taparia Tools Ltd became ex-dividend.
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, Gujarat Intrux Ltd, Kalyani Forge Ltd, Steelcast Ltd, Pradeep Metals Ltd, M M Forgings Ltd, Shivagrico Implements Ltd, Magna Electro Castings Ltd, Porwal Auto Components 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, Deem Roll-Tech Ltd, Universal Autofoundry Ltd, Dekson Castings Ltd, Captain Technocast Ltd, Tirupati Forge Ltd, Ganga Forging Ltd, Synergy Green Industries Ltd, Gala Precision Engineering Ltd, Pritika Engineering Components Ltd, Kalyani Cast-Tech Ltd, Pattech Fitwell Tube Components Ltd, Sharp Chucks and Machines Ltd, Amic Forging Ltd, Saketh Seven Star Industries Ltd, Paramount Speciality Forgings Ltd and Shreyas Fabtech Ltd filed their shareholding patterns.
FIIs increased their shareholding in Amic Forging Ltd from 0.00% to 6.99%, PTC Industries Ltd from 1.75% to 3.78%, Deem Roll-Tech Ltd from 0.00% to 0.36%, Bharat Forge Ltd from 16.28% to 16.60%, Happy Forgings Ltd from 1.81% to 2.06%, M M Forgings Ltd from 1.72% to 1.93%, TVS Holdings Ltd from 0.99% to 1.13%, Kennametal India Ltd from 0.87% to 0.97% and DCM Ltd from 0.01% to 0.05%. FIIs reduced their shareholding in Hilton Metal Forging Ltd from 0.33% to 0.27%, Ramkrishna Forgings Ltd from 23.67% to 23.59%, Nelcast Ltd from 1.05% to 0.88%, AIA Engineering Ltd from 18.50% to 18.29%, Steelcast Ltd from 0.38% to 0.08%, Electrosteel Castings Ltd from 18.18% to 17.49%, CIE Automotive India Ltd from 6.61% to 5.63%, Synergy Green Industries Ltd from 4.57% to 3.23% and Kalyani Cast-Tech Ltd from 6.99% to 2.87%.
DIIs increased their shareholding in Happy Forgings Ltd from 4.00% to 5.82%, CIE Automotive India Ltd from 14.45% to 14.94%, Amic Forging Ltd from 0.00% to 0.23%, AIA Engineering Ltd from 19.86% to 20.05%, Kennametal India Ltd from 12.59% to 12.76% and Electrosteel Castings Ltd from 0.42% to 0.45%. DIIs reduced their shareholding in PTC Industries Ltd from 0.46% to 0.44%, Kalyani Cast-Tech Ltd from 0.31% to 0.04%, TVS Holdings Ltd from 11.94% to 11.60%, Bharat Forge Ltd from 25.49% to 25.12%, Ramkrishna Forgings Ltd from 2.65% to 2.00% and M M Forgings Ltd from 15.40% to 14.14%.
Promoters increased their shareholding in Electrosteel Castings Ltd from 44.08% to 46.21% and EL Forge Ltd from 40.71% to 40.82%. Promoters reduced their shareholding in Ganga Forging Ltd from 59.53% to 59.35%, PTC Industries Ltd from 66.96% to 63.99%, Amic Forging Ltd from 78.38% to 57.74% and Deem Roll-Tech Ltd from 92.18% to 67.10%.
During the month Annual reports of Neel Industries Pvt Ltd, Bharat Forge Ltd, Echjay Industries Pvt Ltd, DCM Ltd, Electrosteel Castings Ltd, SKS Fasteners Ltd, KHK Pressings & Forgings Pvt Ltd, ISPL Industries Ltd, MCS Fasteners (India) Ltd, TVS Holdings Ltd, J S Auto Cast Foundry India Pvt Ltd, Tayo Rolls Ltd, Kennametal India Ltd, Bhagwati Autocast Ltd, Shivalik Engineering Industries 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 Ltd, Abhishek Alloys Pvt Ltd, Hiten Fasteners Pvt Ltd, Nitin Castings Ltd, Siderforgerossi India Pvt Ltd, Veltech Forging Ltd, Investment & Precision Castings Ltd, Gluhend India Pvt Ltd, Sivanandha Steels Ltd, Lava Cast Pvt Ltd, Pitti Castings Pvt Ltd, Metalyst Forgings Ltd, Sanmati Precision Engineering Ltd, Krishanveer Forge Ltd, A Raymond Fastners India Pvt Ltd, EL Forge Ltd, Pritika Engineering Components Ltd, Kalyani Cast-Tech Ltd, LSR Forge Pvt Ltd, Simmonds Marshall Ltd, Hanchang India Pvt Ltd, Pattech Fitwell Tube Components Ltd, AMA India Enterprises Pvt Ltd, Honsberg Saws India Pvt Ltd, Bollhoff Fastenings Pvt Ltd, Sunfast TVS Ltd, Natraj Iron & Castings Pvt Ltd, Techno Forge Ltd, Wear Steels Pvt Ltd, Smiths & Founders (India) Ltd, Balls & Cylpebs Ltd, Shree Sponge Steel & Casting Ltd, Aditya Forge Ltd, Rollwell Forge Pvt Ltd, Ramya Balaji Alloy Pvt Ltd, Simplex Castings Ltd, Phoenix Forge Pvt Ltd, Aqua Alloys Pvt Ltd, Magnum Forge & Machine Works Pvt Ltd, Gujarat Intrux Ltd, Magna Casting & Machine Works Pvt Ltd, Kalyani Forge Ltd, Arihant Technocast India Pvt Ltd, Steelcast Ltd, Pashupati Ispat Pvt Ltd, Pradeep Metals Ltd, Jai Mata Foundrex Ltd, Nandina Iron & Steels Ltd, G S Alloy Castings Pvt Ltd, Ferrous Forgings Ltd, M M Forgings Ltd, Umashakti Steels Pvt Ltd, Shivagrico Implements Ltd, Rajan Technocast Pvt Ltd, Magna Electro Castings Ltd, Govind Steel Co. Ltd, Porwal Auto Components Ltd, N S I (India) Ltd, Unique Valves Pvt Ltd, Gemus Engineering Ltd, Mackeil Ispat & Forging Ltd, Balkrishna Steel Forge Pvt Ltd, Ramsons Castings Pvt Ltd, Bay-Forge Pvt Ltd, J G Foundry Ltd, Leak-Proof Cast (India) Pvt Ltd, Rajasthan Udyogs & Tools Ltd, Hindustan Inox Ltd, Sterling Tools Ltd, H N V Castings Pvt Ltd, Carnation Industries Ltd, Fine Cast (Guj) Pvt Ltd, Shree Hans Alloys Ltd, Karan Techno Cast Pvt Ltd, PTC Industries Ltd, Godawri Spherocast Pvt Ltd, Weartech Alloys Pvt Ltd, Vignyan Industries Ltd, Dynamatic Manufacturing Ltd, Dee Dee Steel Castings Pvt Ltd, Osho Forge Ltd, Samir Castings Pvt Ltd, Monark Ductile Iron Casting Pvt Ltd, Ranba Castings Ltd, National Fittings Ltd, G P T Castings Ltd, Anjali Aluminium Pvt Ltd, Upper India Special Castings Ltd, Lamina Foundries Ltd, Super Tech Castings Pvt Ltd, Invac Cast Ltd, Mayurbhanj Metals Ltd, Voestalpine Vae V K N India Pvt Ltd, Wheelabrator Alloy Castings Ltd, Kisaan Die Tech Pvt Ltd, Patodia Forgings & Gears Ltd, Mohindra Fasteners Ltd, Accurate Steel Forgings (India) Ltd, I M Amis Forgings Pvt Ltd, Dimo Castings Pvt Ltd, Karmen International Pvt Ltd, GTV Engineering Ltd, Crescent Foundry Co. Pvt Ltd, Menon Piston Rings Pvt Ltd, J K E W Metalec Ltd, R B Forgings Pvt Ltd, Indo Shell Mould Ltd, Mutha Engineering Pvt Ltd, Blue Stampings & Forgings Ltd, Dee Dee Steel Castings Ltd, Rajasthan Udyog & Tools Pvt Ltd, Marvelous Engineers Pvt Ltd, Gazebo Industries Ltd, Sankalp Engineering & Services Pvt Ltd, Nelcast Ltd, Indoshell Automotive Systems India Pvt Ltd, Galaxy Agrico Exports Ltd, Happy Steels Pvt Ltd, R S I Pvt Ltd, Ghatghe Patil Industries Ltd, Arjan Dass & Sons Pvt Ltd, Creative Castings Ltd, Sudhir Forgings Pvt Ltd, Satara Technocrats Pvt Ltd, Ramco Steels Pvt Ltd, Kolhapur Steel Ltd, R D Forge Pvt Ltd, Menon & Menon Ltd (2018), Kems Forgings Ltd, Southern Ferro Ltd, Flash Forge Pvt Ltd, Logwell Forge Ltd, Sharp Chucks and Machines Ltd, Steel & Industrial Forgings Ltd, Amic Forging Ltd, Singla Forging Pvt Ltd, Hi-Mac Castings Pvt Ltd, Datre Corporation Ltd, Saketh Seven Star Industries Ltd, AIA Engineering Ltd, Osho Tools Pvt Ltd, Paramount Speciality Forgings Ltd, Shreyas Fabtech 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, BF Industrial Technology & Solutions 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.
