Sector Trends     31-Mar-24
Sector
Aerospace & Defence

Date: 28 Mar 2024

Aerospace & Defence

Sector

Market Cap

No of Companies

Aerospace & Defence

583313.56

22

 

NetWorth

30670.85

TTM Sales

64955.46

TTM Sales Var (%)

6.02

Debt

3838.21

TTM OP

14915.93

TTM NP Var (%)

16.66

Capital Employed

37523.37

TTM OPM (%)

27.92

EV/TM Sales

8.98

Net Block

12051.48

TTM PATM (%)

18.28

EV/TTM EBITDA

38.45

Current Assets

52333.43

Debt / Equity

0.13

P/E

49.13

ROCE (%)

128.02

RONW (%)

38.71

P/B

19.02

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

583313.56 249731.09 158711.99 133.58 267.53

Total Marketcap

38945362.38 25907447.46 26551333.43 50.32 46.68

Sector's share

1.5 0.96 0.6 0.54 0.9

Sector No of companies

22 20 18 2 4

Total Listed companies

4583 4247 4124 336 459

Sector's share

0.48 0.47 0.44 0.01 0.04
26551333.43

 

Gainers

Company Name
28/03/2024
28/02/2024
Var%
Solar Industries 8786.05 6775.50 29.67
Zen Technologies 955.05 832.30 14.75
Hind.Aeronautics 3327.25 3083.75 7.90
Cochin Shipyard 871.75 856.05 1.83

Losers

Company Name
28/03/2024
28/02/2024
Var%
Apollo Micro Sys 95.30 134.35 -29.07
Rossell India 357.30 436.90 -18.22
Paras Defence 612.05 723.75 -15.43
Taneja Aerospace 385.95 450.80 -14.39
Ideaforge Tech 687.65 800.55 -14.10

 

During the month of March 2024, Aerospace & Defence sector’s Marketcap increased 133.58% to Rs 583313.56 crore, compared to 50.32% rise in total listed marketcap to Rs 38945362.38 crore.

Sector’s share of total listed marketcap moved to 1.5% in March 2024 from 0.96% in February 2023 and 0.6% in February 2022.


In terms of price appreciation in the sector, there were 4 gainers and 17 losers in the month of Mar 2024. The gainers accounted for 18.18% of sector companies, losers accounted for 77.27% of sector companies, while 1% remained unchanged.

The top 3 gainers were Solar Industries (29.67% gain), Zen Technologies (14.75% gain) and Hind.Aeronautics (7.90% gain).

The 3 losers at the bottom were Apollo Micro Sys (-29.07% fall), Rossell India (-18.22% fall) and Paras Defence (-15.43% fall).

BEML Ltd, Bharat Dynamics Ltd, Bharat Electronics Ltd, CFF Fluid Control Ltd, Cochin Shipyard Ltd, Cochin Shipyard Ltd, Garden Reach Shipbuilders & Engineers Ltd, Hindustan Aeronautics Ltd, Mishra Dhatu Nigam Ltd, Taneja Aerospace & Aviation Ltd and Taneja Aerospace & Aviation Ltd announced dividend of 5, 8.85, 0.7, 0.5, 3.5, 8, 7.92, 22, 1.41, 1.5 and 2.5.

Bharat Electronics Ltd and Mishra Dhatu Nigam Ltd became ex-dividend.

During the month Sika Interplant Systems Ltd, BEML Ltd, Bharat Electronics Ltd, Taneja Aerospace & Aviation Ltd, Astra Microwave Products Ltd, Rossell India Ltd, Cochin Shipyard Ltd, Hindustan Aeronautics Ltd, Garden Reach Shipbuilders & Engineers Ltd, Mishra Dhatu Nigam Ltd, Bharat Dynamics Ltd, Zen Technologies Ltd, Solar Industries India Ltd, MTAR Technologies Ltd, Data Patterns (India) Ltd, NIBE Ltd, Apollo Micro Systems Ltd, Paras Defence and Space Technologies Ltd, Krishna Defence & Allied Industries Ltd, DCX Systems Ltd, CFF Fluid Control Ltd and Ideaforge Technology Ltd filed their shareholding patterns.

FIIs increased their shareholding in DCX Systems Ltd from 0.34% to 6.75%, BEML Ltd from 6.79% to 9.12%, MTAR Technologies Ltd from 8.81% to 11.02%, Astra Microwave Products Ltd from 1.73% to 2.94%, Apollo Micro Systems Ltd from 10.16% to 11.01%, Ideaforge Technology Ltd from 2.76% to 3.47%, NIBE Ltd from 9.81% to 10.43%, Bharat Electronics Ltd from 17.18% to 17.78%, Hindustan Aeronautics Ltd from 12.63% to 12.94% and Sika Interplant Systems Ltd from 2.42% to 2.60%. FIIs reduced their shareholding in Paras Defence and Space Technologies Ltd from 0.55% to 0.49%, Zen Technologies Ltd from 4.83% to 4.65%, Mishra Dhatu Nigam Ltd from 1.18% to 0.95%, Data Patterns (India) Ltd from 7.16% to 6.74%, Garden Reach Shipbuilders & Engineers Ltd from 3.34% to 2.87% and Cochin Shipyard Ltd from 5.81% to 4.10%.

DIIs increased their shareholding in DCX Systems Ltd from 3.75% to 7.31%, Zen Technologies Ltd from 0.00% to 2.53%, Bharat Dynamics Ltd from 12.72% to 12.84%, BEML Ltd from 18.50% to 18.52% and Paras Defence and Space Technologies Ltd from 2.72% to 2.73%. DIIs reduced their shareholding in Cochin Shipyard Ltd from 2.22% to 2.17%, Solar Industries India Ltd from 14.92% to 14.78%, Astra Microwave Products Ltd from 13.75% to 13.50%, Data Patterns (India) Ltd from 9.27% to 8.87%, Hindustan Aeronautics Ltd from 9.15% to 8.64%, Mishra Dhatu Nigam Ltd from 12.48% to 11.76%, Bharat Electronics Ltd from 22.90% to 21.97%, Ideaforge Technology Ltd from 9.41% to 5.88% and MTAR Technologies Ltd from 23.95% to 18.97%.

Promoters increased their shareholding in Krishna Defence & Allied Industries Ltd from 68.33% to 73.38% and Taneja Aerospace & Aviation Ltd from 51.23% to 52.32%. Promoters reduced their shareholding in Apollo Micro Systems Ltd from 53.78% to 53.21%, Ideaforge Technology Ltd from 30.19% to 29.34%, MTAR Technologies Ltd from 39.14% to 37.26%, Zen Technologies Ltd from 57.45% to 55.07% and DCX Systems Ltd from 71.73% to 62.29%.

During the month Annual reports of Sika Interplant Systems Ltd, BEML Ltd, Bharat Electronics Ltd, Taneja Aerospace & Aviation Ltd, Astra Microwave Products Ltd, Rossell India Ltd, Cochin Shipyard Ltd, Hindustan Aeronautics Ltd, Hindustan Shipyard Ltd, Goa Shipyard Ltd, Garden Reach Shipbuilders & Engineers Ltd, Mishra Dhatu Nigam Ltd, Bharat Dynamics Ltd, Zen Technologies Ltd, Solar Industries India Ltd, MTAR Technologies Ltd, Data Patterns (India) Ltd, Mahindra Aerospace Pvt Ltd, NIBE Ltd, Tata Advanced Systems Ltd, Apollo Micro Systems Ltd, Paras Defence and Space Technologies Ltd, Krishna Defence & Allied Industries Ltd, DCX Systems Ltd, Max Aerospace & Aviation Pvt Ltd, CFF Fluid Control Ltd, Ideaforge Technology Ltd, Gliders India Ltd, Troop Comforts Ltd, Horizon Aerospace India Pvt Ltd, Magnum Aviation Pvt Ltd, Aviasafe Aviation Services Pvt Ltd, Vertex Aviation Pvt Ltd, Innovative Aviation Pvt Ltd, Epsilon Aerospace Pvt Ltd and Vandana Aircraft Services Pvt Ltd were updated in Capitaline.

 

Previous News
  Crude oil and refineries: Prices dip on supply hike
 ( Sector Trends - Sector 17-Jun-24   18:14 )
  Rubber: Price accelerates
 ( Sector Trends - Sector 17-Jun-24   18:03 )
  WPI Inflation Projections: Expects to jump to 2.7% in May 2024
 ( Sector Trends - Economy 12-Jun-24   19:25 )
  CPI Inflation Projections: Expects to increase to 5.0% in May 2024
 ( Sector Trends - Economy 10-Jun-24   16:56 )
  IIP Growth Projections: Growth expected to improve slightly to 5.0% for April 2024
 ( Sector Trends - Economy 10-Jun-24   16:47 )
  Tobacco Products
 ( Sector Trends - Sector 31-May-24   11:17 )
  Plantation & Plantation Products
 ( Sector Trends - Sector 31-May-24   11:16 )
  Shipping
 ( Sector Trends - Sector 31-May-24   11:07 )
  Ship Building
 ( Sector Trends - Sector 31-May-24   11:06 )
  Retail
 ( Sector Trends - Sector 31-May-24   11:04 )
  Realty
 ( Sector Trends - Sector 31-May-24   11:01 )
Other Stories
  Electricity: Coal based thermal power generation shines
  30-Sep-12   22:34
  Consumer Durables: Basic Customs Duty on LCD and LED TV panels exempt
  17-Mar-12   12:48
Back Top