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Castings Forgings & Fastners Stocks

The castings, forgings, and fasteners sector, integral to light engineering products, significantly contributes to the automotive, construction, and infrastructure industries. India's engineering goods sector witnessed a remarkable 50.4% year-on-year growth in FY 2021-22, reaching $795.63 million. By November 2022, engineering goods exports totalled US$ 8.07 billion. With exports reaching US$ 26.81 billion in April-June 2023, the sector aims for US$ 200 billion in exports by 2030. Considerations before investment involve industry overview, market demand analysis, regulatory landscape, technological innovation, and investment methods. Read More
Company
LTP
Volume
Market Cap
52W Low
52W High

LTP

₹ 3.11

0.00 (0.00%)

Volume

1,255

Market Cap

₹1 Cr

52W Low

₹0.00

52W High

₹3.11

LTP

₹ 3,825.85

23.15 (0.61%)

Volume

2,62,794

Market Cap

₹35,888 Cr

52W Low

₹3,100.75

52W High

₹4,630.00

LTP

₹ 1,218.65

99.95 (8.93%)

Volume

1,82,761

Market Cap

₹1,802 Cr

52W Low

₹734.75

52W High

₹1,241.95

LTP

₹ 1,117.05

-13.75 (-1.22%)

Volume

55,600

Market Cap

₹1,186 Cr

52W Low

₹239.40

52W High

₹1,195.00

LTP

₹ 303.35

4.10 (1.37%)

Volume

3,53,411

Market Cap

₹3,069 Cr

52W Low

₹222.85

52W High

₹324.40

LTP

₹ 474.95

7.55 (1.62%)

Volume

1,178

Market Cap

₹135 Cr

52W Low

₹306.85

52W High

₹675.60

LTP

₹ 1,631.9

29.30 (1.83%)

Volume

9,95,618

Market Cap

₹74,646 Cr

52W Low

₹799.80

52W High

₹1,649.95

LTP

₹ 240

-12.00 (-4.76%)

Volume

2,250

Market Cap

₹257 Cr

52W Low

₹80.10

52W High

₹256.20

LTP

₹ 8.53

-0.44 (-4.91%)

Volume

216

Market Cap

₹3 Cr

52W Low

₹4.05

52W High

₹11.55

LTP

₹ 581

19.25 (3.43%)

Volume

11,49,837

Market Cap

₹21,309 Cr

52W Low

₹406.80

52W High

₹586.90

LTP

₹ 792.95

-5.90 (-0.74%)

Volume

223

Market Cap

₹104 Cr

52W Low

₹496.05

52W High

₹1,195.75

LTP

₹ 76

-0.81 (-1.05%)

Volume

27,321

Market Cap

₹144 Cr

52W Low

₹65.85

52W High

₹100.50

LTP

₹ 92.5

2.40 (2.66%)

Volume

14,000

Market Cap

₹75 Cr

52W Low

₹82.50

52W High

₹210.00

LTP

₹ 0

0.00 (0.00%)

Volume

Market Cap

₹0 Cr

52W Low

₹0.00

52W High

₹0.00

LTP

₹ 22.36

0.43 (1.96%)

Volume

9,679

Market Cap

₹45 Cr

52W Low

₹9.04

52W High

₹22.71

LTP

₹ 166.46

-1.14 (-0.68%)

Volume

9,71,346

Market Cap

₹9,975 Cr

52W Low

₹53.35

52W High

₹208.00

LTP

₹ 46

0.60 (1.32%)

Volume

31,599

Market Cap

₹12 Cr

52W Low

₹20.65

52W High

₹53.29

LTP

₹ 8.28

0.04 (0.49%)

Volume

3,49,302

Market Cap

₹91 Cr

52W Low

₹5.55

52W High

₹17.50

LTP

₹ 2.94

0.00 (0.00%)

Volume

6

Market Cap

₹7 Cr

52W Low

₹0.00

52W High

₹2.94

LTP

₹ 489.5

-1.00 (-0.20%)

Volume

2,808

Market Cap

₹153 Cr

52W Low

₹290.00

52W High

₹639.90

LTP

₹ 386.95

9.70 (2.57%)

Volume

22,058

Market Cap

₹130 Cr

52W Low

₹161.50

52W High

₹400.00

LTP

₹ 1,163

10.15 (0.88%)

Volume

56,207

Market Cap

₹10,882 Cr

52W Low

₹813.20

52W High

₹1,199.00

LTP

₹ 0.8

-0.02 (-2.44%)

Volume

21,96,119

Market Cap

₹32 Cr

52W Low

₹0.00

52W High

₹0.88

LTP

₹ 117.88

-2.00 (-1.67%)

Volume

2,03,175

Market Cap

₹251 Cr

52W Low

₹96.80

52W High

₹174.00

LTP

₹ 574.05

-19.60 (-3.30%)

Volume

1,331

Market Cap

₹297 Cr

52W Low

₹395.00

52W High

₹765.00

LTP

₹ 425.9

20.25 (4.99%)

Volume

25,000

Market Cap

₹291 Cr

52W Low

₹264.10

52W High

₹650.00

LTP

₹ 435

9.95 (2.34%)

Volume

3,795

Market Cap

₹154 Cr

52W Low

₹234.60

52W High

₹573.30

LTP

₹ 2,476.1

0.00 (0.00%)

Volume

16,060

Market Cap

₹7,523 Cr

52W Low

₹2,412.35

52W High

₹3,127.00

LTP

₹ 95.16

1.17 (1.24%)

Volume

2,177

Market Cap

₹103 Cr

52W Low

₹45.60

52W High

₹121.50

LTP

₹ 4.82

0.22 (4.78%)

Volume

2,472

Market Cap

₹5 Cr

52W Low

₹3.70

52W High

₹6.90

LTP

₹ 9.93

0.18 (1.85%)

Volume

4,22,721

Market Cap

₹232 Cr

52W Low

₹8.45

52W High

₹14.75

LTP

₹ 1,221.85

4.80 (0.39%)

Volume

45,114

Market Cap

₹2,937 Cr

52W Low

₹825.00

52W High

₹1,300.00

LTP

₹ 450

9.25 (2.10%)

Volume

2,959

Market Cap

₹187 Cr

52W Low

₹316.00

52W High

₹593.85

LTP

₹ 4.05

0.00 (0.00%)

Volume

29,758

Market Cap

₹18 Cr

52W Low

₹2.45

52W High

₹5.40

LTP

₹ 123.65

-2.80 (-2.21%)

Volume

14,225

Market Cap

₹115 Cr

52W Low

₹87.00

52W High

₹194.75

LTP

₹ 144.11

-1.53 (-1.05%)

Volume

70,052

Market Cap

₹1,265 Cr

52W Low

₹87.65

52W High

₹194.30

LTP

₹ 731.95

9.75 (1.35%)

Volume

597

Market Cap

₹371 Cr

52W Low

₹441.80

52W High

₹798.00

LTP

₹ 86

4.98 (6.15%)

Volume

3,362

Market Cap

₹32 Cr

52W Low

₹50.50

52W High

₹115.00

LTP

₹ 101

4.00 (4.12%)

Volume

6,000

Market Cap

₹75 Cr

52W Low

₹45.00

52W High

₹101.00

LTP

₹ 79.36

12.27 (18.29%)

Volume

5,37,209

Market Cap

₹101 Cr

52W Low

₹22.72

52W High

₹80.50

LTP

₹ 242.25

-7.35 (-2.94%)

Volume

13,518

Market Cap

₹431 Cr

52W Low

₹137.20

52W High

₹284.00

LTP

₹ 47.6

-1.15 (-2.36%)

Volume

18,000

Market Cap

₹64 Cr

52W Low

₹30.00

52W High

₹96.00

LTP

₹ 12,244.35

533.85 (4.56%)

Volume

16,301

Market Cap

₹16,919 Cr

52W Low

₹3,129.95

52W High

₹12,350.00

LTP

₹ 750

36.40 (5.10%)

Volume

14,08,894

Market Cap

₹12,872 Cr

52W Low

₹383.65

52W High

₹814.70

LTP

₹ 2,449.8

-45.45 (-1.82%)

Volume

11,975

Market Cap

₹6,810 Cr

52W Low

₹1,720.00

52W High

₹2,677.40

LTP

₹ 293.3

-10.65 (-3.50%)

Volume

621

Market Cap

₹152 Cr

52W Low

₹210.15

52W High

₹575.00

LTP

₹ 100.35

-2.60 (-2.53%)

Volume

22,000

Market Cap

₹111 Cr

52W Low

₹55.00

52W High

₹134.00

LTP

₹ 25.07

-0.78 (-3.02%)

Volume

100

Market Cap

₹13 Cr

52W Low

₹15.58

52W High

₹33.29

LTP

₹ 83.25

3.75 (4.72%)

Volume

38,980

Market Cap

₹89 Cr

52W Low

₹49.20

52W High

₹100.00

LTP

₹ 184.05

8.75 (4.99%)

Volume

10,460

Market Cap

₹107 Cr

52W Low

₹41.51

52W High

₹202.90

LTP

₹ 5.06

0.00 (0.00%)

Volume

26,499

Market Cap

₹52 Cr

52W Low

₹3.12

52W High

₹6.63

LTP

₹ 633.5

9.70 (1.55%)

Volume

15,288

Market Cap

₹1,264 Cr

52W Low

₹452.90

52W High

₹747.00

LTP

₹ 372.55

5.00 (1.36%)

Volume

44,488

Market Cap

₹1,328 Cr

52W Low

₹304.35

52W High

₹424.00

LTP

₹ 335.25

1.25 (0.37%)

Volume

30,291

Market Cap

₹471 Cr

52W Low

₹160.05

52W High

₹435.00

LTP

₹ 4.27

0.20 (4.91%)

Volume

3

Market Cap

₹6 Cr

52W Low

₹2.10

52W High

₹4.27

LTP

₹ 103.1

1.10 (1.08%)

Volume

14,479

Market Cap

₹105 Cr

52W Low

₹68.11

52W High

₹118.49

LTP

₹ 18.69

0.35 (1.91%)

Volume

4,09,461

Market Cap

₹180 Cr

52W Low

₹6.75

52W High

₹21.85

LTP

₹ 2,374

26.25 (1.12%)

Volume

960

Market Cap

₹464 Cr

52W Low

₹975.00

52W High

₹3,998.90

LTP

₹ 165

-0.65 (-0.39%)

Volume

9,136

Market Cap

₹206 Cr

52W Low

₹115.00

52W High

₹309.45

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About the Castings, Forgings and Fasteners Sector

The castings, forgings, and fasteners sector comes under the light engineering products category. This sector forms a crucial part of the manufacturing ecosystem. It contributes immensely to various industries, such as automotive, construction, and infrastructure. Castings involve shaping molten metal into a desired form, while forgings are produced by shaping hot metal through compressive forces. Fasteners, including screws and bolts, play a vital role in assembling components.

In FY 2021-22, the engineering goods sector witnessed remarkable growth, with a substantial year-on-year increase of 50.4%, reaching $795.63 million compared to $529 million in 2019-2020. This surge was noteworthy, especially as light engineering goods were declared the “Product of the Year” by the government during the same period. By November 2022, India’s engineering goods exports amounted to US$ 8.07 billion, contributing to the total engineering exports of US$ 112.10 billion in the last fiscal year

Future Outlook of the Castings, Forgings and Fasteners Sector in India

During April-June 2023, engineering goods exports reached US$ 26.81 billion, marking a significant trajectory. By 2030, the sector aims to achieve US$ 200 billion in exports.

Things To Consider Before Investing in the Castings, Forgings and Fasteners Sector

  • Overview of the industry: Examine the current condition of the castings, forgings and fasteners sector, including recent growth trends, major players, and any notable technological advancements.
  • Market demand: Assess the demand for these light engineering products. You must check both domestic and global demand for the sector’s products. Consider factors such as government initiatives, and global economic conditions of the sector.
  • Regulatory environment: Stay informed about the regulatory landscape governing the sector. Regulation changes can influence manufacturing practices, product standards, and environmental compliance, impacting the overall operations and profitability of companies in the sector.
  • Technology and innovation: Stay informed about market trends, especially those related to smart technology integration. This must be followed by an understanding of the level of technological innovation within companies, as those embracing new technologies are likely to be more competitive and resilient in the long run.

How To Invest in Castings, Forgings and Fasteners Stocks?

Investing in castings, forgings and fasteners stocks via Angel One is easy. Simply follow these steps:

  • Log in to your Angel One account.
  • Click on the search icon and look for your desired castings, forgings and fasteners stock.
  • Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type.
  • To complete your transaction, click on the ‘Buy’ button.

If you don’t have a Demat account with Angel One, you can open one for free online within minutes.

FAQs

What are Castings, Forgings and Fasteners sector stocks?

Castings, forgings and fasteners sector stocks are stocks of companies that are involved in the manufacturing of metal components used in various applications.

Which are the top stocks from the Castings, Forgings and Fasteners sector in terms of market cap?

Based on the market cap, Bharat Forge, AIA Engineering, CIE Automotive, and TVS Holdings are the top castings, forgings and fasteners stocks in India. The data is as of January 29, 2024.

How do you evaluate Castings, Forgings and Fasteners sector stocks?

While analysing the Castings, Forgings and Fasteners sector stocks, you must check certain factors like the market demand for the company’s products, competition, and financial health.

Why should you invest in Castings, Forgings and Fasteners stocks?

The castings, forgings and fasteners sector is essential to various sectors, such as automotive, construction, and infrastructure. They manufacture components important in these industries. As these sectors grow, the demand for the castings, forgings and fasteners sector’s products also grows, eventually creating opportunities for companies and investors. However, consider your investment objectives and risk appetite before investing.

Which are the best Castings, Forgings and Fasteners sector stocks to invest in?

PTC Industries is the best castings, forgings and fasteners stock in India. As of January 29, 2024, the company’s 5-year returns are 111.26%.

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