NSE: HAPPYFORGE | BSE: 544057

Expensive Underperformer

Download real time

793.55 -9.35 (-1.16%)

38.96% Fall from 52W High

18,127 NSE+BSE Volume

NSE 07 May, 2025 3:31 PM (IST)

7,478.6

Market Cap

High in industry

0.8

Beta 1Year

Very Low volatility

Board Meeting

The next board meeting for Happy Forgings Ltd. is on 17 May 2025 for the purpose of Audited Results & Final Dividend See details

Happy Forgings Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for HAPPYFORGE, BSE:544057 Happy Forgings Ltd.

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Happy Forgings Ltd.

24 Jan 2025

793.55

-1.16%

HAPPY FORGINGS LIMITED

Buy: Happy Forgings Ltd.

FundsIndia

Happy Forgings Ltd. is trading below all available SMAs

Happy Forgings Ltd.

08 Nov 2024

793.55

-1.16%

Margin beats estimate, led by better product mix

Buy: Happy Forgings Ltd.

Target

Motilal Oswal

Happy Forgings (HFL)’s 2QFY25 result was encouraging as it reported a healthy EBITDA margin of 29.2% (+190bp YoY, est. 28%) led by a higher mix of machining and industrial segment.

Happy Forgings Ltd. has lost -30.99% in the last 6 Months

Happy Forgings Ltd.

27 May 2024

793.55

-1.16%

Healthy performance despite weakness in core segments Order book stands at INR6.5b, of which 60% is attributable to exports

Buy: Happy Forgings Ltd.

Motilal Oswal

4QFY24 results were operationally in line with our expectations, while
higher ‘other income’ and lower tax led to PAT beat at INR658m (est.
INR607m), up by 30% YoY. Happy Forgings (HFL) maintains its focus on
diversifying into industrials and exports, which contributed ~12%/20% of
FY24 revenue, compared to 4%/12% in FY23.

Happy Forgings Ltd. has an average target of 1242.00 from 2 brokers.

Happy Forgings Ltd.

10 Apr 2024

793.55

-1.16%

Happy Forgings Ltd. - Machining Miracle

Buy: Happy Forgings Ltd.

Monarch Networth Capital Limited

Happy Forgings Ltd. has lost -21.93% in the last 3 Months

Happy Forgings Ltd.

19 Dec 2023

793.55

-1.16%

IPO Note

IPO Subscribe: Happy Forgings Ltd.

KRChoksey

Happy Forgings Limited is a leading Indian forging and machining company, incorporated in July 1979. It specializes in designing and manufacturing heavy forgings and high-precision machined components offering a wide range of solutions in the heavy commercial vehicles, farm equipment, off-highway construction and industrial equipment and machinery for oil and gas, power generation, railways, and wind turbine industries.

Happy Forgings Ltd. has an average target of 1242.00 from 2 brokers.

Happy Forgings Ltd.

18 Dec 2023

793.55

-1.16%

IPO Note - Happy Forgings Limited 18122023

IPO Note: Happy Forgings Ltd.

HDFC Securities

Issue Snapshot: Issue Open: December 19 December 21, 2023 Price Band: Rs. 808 850 *Issue Size: Up to Rs.,1008.59 (Fresh Issue of up to Rs 400 cr + Offer for sale of upto 7,159,920 eq sh ) Reservation for: QIB upto 50% eq sh Non-Institutional atleast 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail atleast 35% eq sh Face Value: Rs 2 Book value: Rs 123.28 (September 30, 2023) Bid size: - 17 equity shares and in multiples thereof 100% Book built Issue IPO Note Happy Forgings Limited