Date: 30 Jul 2024

Castings, Forgings & Fastners

Sector	Market Cap	No of Companies
Castings, Forgings & Fastners	248369.33	56

 

NetWorth	33855.56	TTM Sales	51558.96	TTM Sales Var (%)	16.36
Debt	16130.10	TTM OP	8717.32	TTM NP Var (%)	51.87
Capital Employed	52441.25	TTM OPM (%)	19.24	EV/TM Sales	4.82
Net Block	23876.47	TTM PATM (%)	9.35	EV/TTM EBITDA	29.90
Current Assets	31820.60	Debt / Equity	0.48	P/E	51.55
ROCE (%)	32.61	RONW (%)	14.23	P/B	7.34

The above figures are in Rs. Crores as of 30 Jul 2024

TTM ended March 2024

	30 Jul 2024	30 Jun 2023	30 Jun 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	248351.47	128955.29	82620.07	92.59	200.59
Total Marketcap	46398770.88	29782978.28	26779144.53	55.79	73.26
Sector's share	0.54	0.43	0.31	0.11	0.23
Sector No of companies	55	49	46	6	9
Total Listed companies	4699	4326	4101	373	598
Sector's share	1.17	1.13	1.12	0.04	0.05
Nifty 50	24857.3	24010.6	19753.8	3.53	25.84

 

Gainers
Company Name	30/07/2024	28/06/2024	Var%
Balu Forge	491.45	324.60	51.40
DCM	107.46	77.06	39.45
Electrost.Cast.	216.55	173.55	24.78
Sundaram Clayton	1908.05	1545.80	23.43
Gujarat Intrux	473.90	385.45	22.95
Losers
Company Name	30/07/2024	28/06/2024	Var%
Simm. Marshall	88.95	117.51	-24.30
GTV Engineering	451.00	556.15	-18.91
Nitin Castings	720.95	859.95	-16.16
LGB Forge	11.60	12.61	-8.01
Bhagwati Auto	462.00	495.05	-6.68

 

During the month of July 2024, Castings, Forgings & Fastners sector’s Marketcap increased 92.59% to Rs 248351.47 crore, compared to 55.79% rise in total listed marketcap to Rs 46398770.88 crore.

Sector’s share of total listed marketcap moved to 0.54% in July 2024 from 0.43% in June 2023 and 0.31% in June 2022.

In terms of price appreciation in the sector, there were 31 gainers and 14 losers in the month of Jul 2024. The gainers accounted for 55.36% of sector companies, losers accounted for 25.00% of sector companies, while 11% remained unchanged.

The top 3 gainers were Balu Forge (51.40% gain), DCM (39.45% gain) and Electrost.Cast. (24.78% gain).

The 3 losers at the bottom were Simm. Marshall (-24.30% fall), GTV Engineering (-18.91% fall) and Nitin Castings (-16.16% fall).

During the month Gujarat Intrux Ltd, PTC Industries Ltd, Balu Forge Industries Ltd, National Fittings Ltd, Nelcast Ltd, Galaxy Agrico Exports Ltd, Ramkrishna Forgings Ltd and CIE Automotive India Ltd announced their results. Of these Gujarat Intrux Ltd, Balu Forge Industries Ltd, National Fittings Ltd, Nelcast Ltd and CIE Automotive India Ltd reported rise in net profit attributable to shareholders. Companies like Ramkrishna Forgings Ltd and PTC Industries Ltd reported fall in net profit attributable to shareholders.

Companies like Galaxy Agrico Exports Ltd reported loss to profit

During the month M M Forgings Ltd became ex-bonus.

Bharat Forge Ltd, Happy Forgings Ltd, Nelcast Ltd, Pradeep Metals Ltd, Steelcast Ltd and Taparia Tools Ltd became ex-dividend.

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, 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, Balu Forge Industries Ltd, Alicon Castalloy 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, Rolex Rings 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, Sundaram Clayton 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, Shreyas Fabtech Ltd and Abha Power and Steel Ltd filed their shareholding patterns.

FIIs increased their shareholding in Electrosteel Castings Ltd from 19.70% to 21.16%, Happy Forgings Ltd from 1.12% to 2.24%, Bharat Forge Ltd from 16.47% to 17.03%, Alicon Castalloy Ltd from 0.37% to 0.77%, Synergy Green Industries Ltd from 2.60% to 2.86%, Investment & Precision Castings Ltd from 0.00% to 0.14%, GTV Engineering Ltd from 0.00% to 0.06%, Steelcast Ltd from 0.01% to 0.07%, Kennametal India Ltd from 0.96% to 1.00% and Sterling Tools Ltd from 0.01% to 0.05%. FIIs reduced their shareholding in M M Forgings Ltd from 2.84% to 2.65%, Hilton Metal Forging Ltd from 0.28% to 0.00%, Deem Roll-Tech Ltd from 0.36% to 0.01%, Kalyani Cast-Tech Ltd from 0.38% to 0.01%, Sharp Chucks and Machines Ltd from 0.48% to 0.02%, PTC Industries Ltd from 3.82% to 3.35%, AIA Engineering Ltd from 18.17% to 17.68%, Rolex Rings Ltd from 7.74% to 6.98%, Ramkrishna Forgings Ltd from 24.54% to 23.76% and Amic Forging Ltd from 6.99% to 1.33%.

DIIs increased their shareholding in CIE Automotive India Ltd from 17.40% to 18.71%, AIA Engineering Ltd from 20.06% to 20.46%, Ramkrishna Forgings Ltd from 1.96% to 2.18%, PTC Industries Ltd from 0.42% to 0.54%, Bharat Forge Ltd from 25.23% to 25.33%, Rolex Rings Ltd from 28.91% to 29.01%, Electrosteel Castings Ltd from 0.36% to 0.44%, Alicon Castalloy Ltd from 9.00% to 9.05%, Happy Forgings Ltd from 8.13% to 8.17% and Kennametal India Ltd from 13.43% to 13.46%. DIIs reduced their shareholding in M M Forgings Ltd from 9.51% to 9.35%, Amic Forging Ltd from 0.23% to 0.00% and Sundaram Clayton Ltd from 14.55% to 13.19%.

Promoters increased their shareholding in Balu Forge Industries Ltd from 56.07% to 57.06%, Ganga Forging Ltd from 40.64% to 40.82%, Shivagrico Implements Ltd from 61.63% to 61.79%, Amic Forging Ltd from 57.74% to 57.82%, Investment & Precision Castings Ltd from 51.91% to 51.97%, Kalyani Cast-Tech Ltd from 69.84% to 69.88% and Bhagwati Autocast Ltd from 73.89% to 73.90%. Promoters reduced their shareholding in PTC Industries Ltd from 62.95% to 62.88%, Alicon Castalloy Ltd from 55.71% to 55.20%, Tirupati Forge Ltd from 57.69% to 55.76%, Simplex Castings Ltd from 56.52% to 52.39% and Galaxy Agrico Exports Ltd from 71.74% to 65.22%.

During the month Annual reports of Anu Fasteners Pvt Ltd, Bharat Forge Ltd, Jyoti Toolings & Press Components Pvt Ltd, DCM Ltd, Electrosteel Castings Ltd, Neel Industries Pvt Ltd, Echjay Industries Pvt Ltd, ISPL Industries Ltd, SKS Fasteners Ltd, Tayo Rolls Ltd, KHK Pressings & Forgings Pvt Ltd, Kennametal India Ltd, Bhagwati Autocast Ltd, MCS Fasteners (India) Ltd, J S Auto Cast Foundry India Pvt Ltd, Uni Abex Alloy Products Ltd, Shivalik Engineering Industries Ltd, Amex Alloys Pvt Ltd, Ganga Forging Ltd, Oswal Castings Pvt Ltd, Taparia Tools Ltd, Kumar Autocast Ltd, Synergy Green Industries Ltd, Nitin Castings Ltd, Sundaram Clayton Ltd, Gala Precision Engineering Ltd, Investment & Precision Castings Ltd, Abhishek Alloys Pvt Ltd, Hiten Fasteners Pvt Ltd, Sivanandha Steels Ltd, Siderforgerossi India Pvt Ltd, Veltech Forging Ltd, Metalyst Forgings Ltd, Gluhend India Pvt Ltd, Jsons Foundry Pvt Ltd, Krishanveer Forge Ltd, Lava Cast Pvt Ltd, EL Forge Ltd, Pitti Castings Pvt Ltd, Om Besco Rail Products Ltd, Sanmati Precision Engineering Ltd, Simmonds Marshall Ltd, Cathodic Control Company Pvt Ltd, High Tensil Fastnuts (India) Pvt Ltd, Jaypee Forge Pvt Ltd, Astrotech Steels Pvt Ltd, Pritika Engineering Components Ltd, Kalyani Cast-Tech Ltd, LSR Forge Pvt Ltd, Techno Forge Ltd, Hanchang India Pvt Ltd, Smiths & Founders (India) Ltd, Pattech Fitwell Tube Components Ltd, AMA India Enterprises Pvt Ltd, Aditya Forge Ltd, Honsberg Saws India Pvt Ltd, Bollhoff Fastenings Pvt Ltd, Simplex Castings Ltd, Sunfast TVS Ltd, Briya Enterprise Ltd, Natraj Iron & Castings Pvt Ltd, Gujarat Intrux Ltd, Wear Steels Pvt Ltd, Kalyani Forge Ltd, Balls & Cylpebs Ltd, Steelcast Ltd, Shree Sponge Steel & Casting Ltd, Pradeep Metals Ltd, Rollwell Forge Pvt Ltd, Ramya Balaji Alloy Pvt Ltd, Phoenix Forge Pvt Ltd, Aqua Alloys Pvt Ltd, M M Forgings Ltd, Magnum Forge & Machine Works Pvt Ltd, Shivagrico Implements Ltd, Magna Casting & Machine Works Pvt Ltd, Magna Electro Castings Ltd, Arihant Technocast India Pvt Ltd, Porwal Auto Components Ltd, Pashupati Ispat Pvt Ltd, Unique Valves Pvt Ltd, Jai Mata Foundrex Ltd, Nandina Iron & Steels Ltd, G S Alloy Castings Pvt Ltd, Ferrous Forgings Ltd, Umashakti Steels Pvt Ltd, J G Foundry Ltd, Rajan Technocast Pvt Ltd, Rajasthan Udyogs & Tools Ltd, Govind Steel Co. Ltd, Sterling Tools Ltd, NSI (India) Ltd, Carnation Industries Ltd, Gemus Engineering Ltd, Mackeil Ispat & Forging Ltd, Balkrishna Steel Forge Pvt Ltd, PTC Industries Ltd, Ramsons Castings Pvt Ltd, Menon and Menon Ltd, Bay-Forge Pvt Ltd, Vignyan Industries Ltd, Leak-Proof Cast (India) Pvt Ltd, Hindustan Inox Ltd, Balu Forge Industries Ltd, H N V Castings Pvt Ltd, Fine Cast (Guj) Pvt Ltd, Alicon Castalloy Ltd, Shree Hans Alloys Ltd, Karan Techno Cast Pvt Ltd, Godawri Spherocast Pvt Ltd, Weartech Alloys Pvt Ltd, National Fittings Ltd, Dynamatic Manufacturing Ltd, Dee Dee Steel Castings Pvt Ltd, Osho Forge Ltd, Lamina Foundries Ltd, Samir Castings Pvt Ltd, Monark Ductile Iron Casting Pvt Ltd, Ranba Castings Ltd, G P T Castings Ltd, Wheelabrator Alloy Castings Ltd, Anjali Aluminium Pvt Ltd, Upper India Special Castings Ltd, Mohindra Fasteners Ltd, Super Tech Castings Pvt Ltd, Gujarat Metal Cast Industries Ltd, Invac Cast Ltd, Mayurbhanj Metals Ltd, Voestalpine Vae V K N India Pvt Ltd, GTV Engineering Ltd, Kisaan Die Tech Pvt Ltd, Patodia Forgings & Gears Ltd, Accurate Steel Forgings (India) Ltd, I M Amis Forgings Pvt Ltd, Indo Shell Mould Ltd, Dimo Castings Pvt Ltd, Karmen International Pvt Ltd, Dee Dee Steel Castings Ltd, Crescent Foundry Co. Pvt Ltd, Menon Piston Rings Pvt Ltd, Gazebo Industries Ltd, J K E W Metalec Ltd, Nelcast Ltd, R B Forgings Pvt Ltd, Galaxy Agrico Exports Ltd, Mutha Engineering Pvt Ltd, Blue Stampings & Forgings Ltd, Ghatghe Patil Industries Ltd, Rajasthan Udyog & Tools Pvt Ltd, Creative Castings Ltd, Marvelous Engineers Pvt Ltd, Sankalp Engineering & Services Pvt Ltd, Aesthetic Stampings & Laminations Ltd, Kolhapur Steel Ltd, Indoshell Automotive Systems India Pvt Ltd, Happy Steels Pvt Ltd, R S I Pvt Ltd, Arjan Dass & Sons Pvt Ltd, Sudhir Forgings Pvt Ltd, Logwell Forge Ltd, Satara Technocrats Pvt Ltd, Steel & Industrial Forgings Ltd, Ramco Steels Pvt Ltd, Kumar Precision Stampings Pvt Ltd, R D Forge Pvt Ltd, Datre Corporation Ltd, Menon & Menon Ltd (2018), AIA Engineering Ltd, Kems Forgings Ltd, Southern Ferro Ltd, Flash Forge Pvt Ltd, Sharp Chucks and Machines Ltd, Amic Forging Ltd, Anup Malleables Ltd, Amma Alloy India Pvt Ltd, Bashko Engineering Pvt Ltd, Hindusthan Malleable & Forgings Ltd, Singla Forging Pvt 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, Coimbatore Metal Works 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, Rolex Rings 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, Mahavir Castings Ltd, Mahamaya Casting Pvt Ltd, Mahavir Rolling Mill Ltd, Mahavir Die Casters Pvt Ltd, Munish International Pvt Ltd, Nexo Industries Pvt Ltd, Paranjape Autocast Pvt Ltd, Vinir Engineering Pvt Ltd, Auto International (India) Pvt Ltd, Universal Autofoundry Ltd, Guardian Casting Pvt 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, Kaloti Engg.Company Pvt 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, Amazone Castings & Engineering Pvt Ltd, Kalyani Technoforge Ltd, Hi-Mac Castings Pvt Ltd, Saketh Seven Star Industries Ltd, Osho Tools Pvt Ltd, Paramount Speciality Forgings Ltd, Shreyas Fabtech Ltd, Bangalore Metallurgicals Pvt Ltd, Chamundi Die Cast Pvt Ltd and Abha Power and Steel Ltd were updated in Capitaline.