Date: 28 Mar 2024
Bearings
Sector |
Market Cap |
No of Companies |
Bearings |
90735.76 |
13 |
NetWorth |
8263.80 |
TTM Sales |
13460.17 |
TTM Sales Var (%) |
5.58 |
Debt |
554.61 |
TTM OP |
2212.77 |
TTM NP Var (%) |
-1.66 |
Capital Employed |
8915.46 |
TTM OPM (%) |
19.64 |
EV/TM Sales |
6.74 |
Net Block |
2999.76 |
TTM PATM (%) |
12.32 |
EV/TTM EBITDA |
40.07 |
Current Assets |
7764.50 |
Debt / Equity |
0.07 |
P/E |
54.71 |
ROCE (%) |
75.97 |
RONW (%) |
20.07 |
P/B |
10.98 |
The above figures are in Rs. Crores as of 28 Mar 2024
TTM ended December 2023
|
28 Mar 2024 |
28 Feb 2023 |
28 Feb 2022 |
MoM Var. (%) |
YoY Var. (%) |
Sector Marketcap |
90735.76 |
93786.98 |
63664.65 |
-3.25 |
42.52 |
Total Marketcap |
38945362.38 |
25907447.46 |
26551333.43 |
50.32 |
46.68 |
Sector's share |
0.23 |
0.36 |
0.24 |
-0.13 |
-0.01 |
Sector No of companies |
13 |
13 |
12 |
0 |
1 |
Total Listed companies |
4583 |
4247 |
4124 |
336 |
459 |
Sector's share |
0.28 |
0.31 |
0.29 |
-0.03 |
-0.01 |
Nifty 50 |
22123.65 |
21982.8 |
17359.75 |
0.64 |
27.44 |
Gainers |
| Company Name |
28/03/2024 |
28/02/2024 |
Var% |
| NRB Indl Bearing |
33.38 |
31.79 |
5.00 |
| Timken India |
2854.60 |
2747.80 |
3.89 |
Losers |
| Company Name |
28/03/2024 |
28/02/2024 |
Var% |
| Austin Engg Co |
182.45 |
220.40 |
-17.22 |
| NRB Bearings |
268.05 |
316.20 |
-15.23 |
| SNL Bearings |
288.20 |
338.25 |
-14.80 |
| Menon Bearings |
112.10 |
131.35 |
-14.66 |
| SKF India |
4162.70 |
4522.90 |
-7.96 |
During the month of March 2024, Bearings sector’s Marketcap decreased -3.25% to Rs 90735.76 crore, compared to 50.32% rise in total listed marketcap to Rs 38945362.38 crore.
Sector’s share of total listed marketcap moved to 0.23% in March 2024 from 0.36% in February 2023 and 0.24% in February 2022.
In terms of price appreciation in the sector, there were 2 gainers and 9 losers in the month of Mar 2024. The gainers accounted for 15.38% of sector companies, losers accounted for 69.23% of sector companies, while 2% remained unchanged.
The top 2 gainers were NRB Indl Bearing (5.00% gain) and Timken India (3.89% gain).
The 3 losers at the bottom were Austin Engg Co (-17.22% fall), NRB Bearings (-15.23% fall) and SNL Bearings (-14.80% fall).
Menon Bearings Ltd announced dividend of 2.25.
During the month SKF India Ltd, Bimetal Bearings Ltd, Schaeffler India Ltd, Austin Engineering Company Ltd, Timken India Ltd, Menon Bearings Ltd, Galaxy Bearings Ltd, NRB Bearings Ltd, SNL Bearings Ltd, Benara Bearings & Pistons Ltd, NRB Industrial Bearings Ltd, Vishal Bearings Ltd and SKP Bearing Industries Ltd filed their shareholding patterns.
FIIs increased their shareholding in Timken India Ltd from 6.71% to 7.13% and SKF India Ltd from 6.46% to 6.61%. FIIs reduced their shareholding in Menon Bearings Ltd from 0.57% to 0.54% and Schaeffler India Ltd from 4.52% to 4.35%.
DIIs increased their shareholding in Timken India Ltd from 18.38% to 21.36%, Schaeffler India Ltd from 15.32% to 15.56% and NRB Bearings Ltd from 19.48% to 19.69%. DIIs reduced their shareholding in SKF India Ltd from 28.96% to 28.68%.
During the month Annual reports of SKF India Ltd, Bimetal Bearings Ltd, Schaeffler India Ltd, Austin Engineering Company Ltd, Timken India Ltd, Menon Bearings Ltd, Galaxy Bearings Ltd, NRB Bearings Ltd, SNL Bearings Ltd, Federal-Mogul Bearings India Ltd, ARB Bearings Ltd, ZNL Bearings Pvt Ltd, Benara Bearings & Pistons Ltd, Texspin Bearings Ltd, NRB Industrial Bearings Ltd, Ras Bearing Pvt Ltd, RMP Bearings Ltd, Kasuma Auto Engineering Pvt Ltd, Prime Cage Pvt Ltd, Vishal Bearings Ltd, Omega Renk Bearings Pvt Ltd, Nachi Technology India Pvt Ltd, ILJin Automotive Pvt Ltd, KCI Bearings (India) Pvt Ltd, SKP Bearing Industries Ltd, TVS Engineering Ltd, Turbo Bearings Pvt Ltd, Orbit Bearings India Pvt Ltd, Pushp forgings Pvt Ltd, S K F Engineering & Lubrication India Pvt Ltd, Timken Engineering & Research-India Pvt Ltd and Mageba Bridge Products Pvt Ltd were updated in Capitaline.
