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Happy Forgings Ltd

HAPY.NS

$11.65

Closing

▼-1.73%

1D

▲0.62%

YTD

HAPY

BBG001TQJ9W3

Exchange

Sector

Market cap

$1.10B

Volume

74,416

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Market cap

$1.10B

Analysts' Rating

STRONG BUY

Price Target (Mean)

16.20

Total Analysts

3

P/E

35.04

Operating Margin

23.79%

Beta

Revenue Growth

5.26%

52 week high

$15.08

52 week low

$9.43

Div. Yield

0.40%

EPS Growth

0.00

Company Profile

Happy Forgings Limited is an India-based company, which is a manufacturer of heavy forged and high precision machined components. The Company’s products include crankshafts, differential cases, front axle components, railway parts, suspension products, transmission parts, oil and gas, and windmill application products. Its windmill application products consist of three critical components: the planet carrier, pinion shaft, and housing. Its railway components range of parts, includes camshafts, connecting rods, piston pins, and spacers, are expertly crafted to deliver outstanding functionality and long-lasting resilience. The Company primarily caters to domestic and global original equipment manufacturers (OEMs) manufacturing commercial vehicles in the automotive sector. It also caters to manufacturers of farm equipment, off-highway vehicles and manufacturers of industrial equipment and machinery for oil and gas, power generation, railways, and wind turbine industries.