Happy Forgings Ltd

Happy Forgings Ltd Share Price Today: Live Updates & Key Insights

Get insights on Happy Forgings Ltd’s fundamentals, financials, shareholding, peer comparison, corporate actions & performance. Track key metrics, price trends & market sentiment for informed decisions. Explore all data at Motilal Oswal.

Happy Forgings Ltd Share Price Chart

Happy Forgings Ltd Fundamentals

Traded Volume: 27,327

Market Cap(Cr): 9,584

Avg Traded Price 1021.20

1 Year return -4.66%

Upper Circuit 1,049

Lower Circuit 1,009.1

P/E TTM 35.00

P/B Ratio 29.00

Traded Value(Cr) 277.72

EPS TTM 28.769

Book value 28.769

Dividend 0.00%

Happy Forgings Ltd Share Price Performance

Shows the percentage change in stock price over different time periods

This section highlights Happy Forgings Ltd stock price performance across key timeframes, including 1-week, 1-month, 3-month, Year-To-Date (YTD), and 1-year returns. It provides insights into the Happy Forgings Ltd share price history, short-term movements, long-term trends, and overall investor sentiment

1W -1.47%

1M +4.31%

3M +6.98%

1Y -4.66%

YTD +4.11%

Happy Forgings Ltd Traded Volume Movement

Shows the trading volume over different time periods

This section highlights Happy Forgings Ltd daily and average traded volumes, offering insights into investor activity and market liquidity. Higher volumes than average often indicate rising interest, news impact, or shifting market sentiment

Yesterday 77288.00

Day Before Yesterday 64603.00

1W Avg 46484.60

1M Avg 76937.52

3M Avg 48766.27

Happy Forgings Ltd Technical Details

Happy Forgings Ltd technical indicators, such as support and resistance levels and pivot points, are calculated based on historical price and volume trends. These metrics help traders anticipate possible price movements and make informed trading decisions.

Support 1 1001

Support 2 985

Support 3 961

Pivot Point : 1025

Resistance 1 1041

Resistance 2 1065

Resistance 3 1080

Happy Forgings Ltd Corporate Actions

Happy Forgings Ltd corporate actions include dividends, bonus issues, stock splits, and key company updates that may affect share price and investor sentiment. This section provides timely details on past and upcoming actions, including ex-date, record date, and payout ratio - helping investors make informed decisions based on Happy Forgings Ltd’s capital allocation strategies.

All

Ex-Date 22-Jul-2025 Type D Description 3.00/share@150.00% Record Date 22-Jul-2025 Ratio 150.00

Ex-Date 22-Jul-2024 Type D Description 4.00/share@200.00% Record Date 22-Jul-2024 Ratio 200.00

Dividends

Announcement Date 22-Jul-2025 Ex Dividend Date 22-Jul-2025 Dividend(%) 150

Announcement Date 22-Jul-2024 Ex Dividend Date 22-Jul-2024 Dividend(%) 200

Bonus

No Bonus has been declared by HAPPYFORGE

Splits

No Split has been declared by HAPPYFORGE

Others

Rights No Rights has been declared by HAPPYFORGE

Happy Forgings Ltd Peer Comparison

Shows key financial metrics for the company and its peers

This section compares Happy Forgings Ltd with leading peers in the banking sector based on key metrics such as market capitalization, 1-year return, P/E (TTM), and PB ratio. It helps investors evaluate Happy Forgings Ltd's relative performance and valuation against major competitors.

Stock Name Bharat Forge Ltd ₹1410.20 (-1.76%) M. Cap (Cr) 674.20 1 Yr Return (%) +8.79% P/E (TTM) 62.56 PB Ratio 7.29

Stock Name AIA Engineering Ltd ₹3698.70 (-3.67%) M. Cap (Cr) 348.86 1 Yr Return (%) +8.55% P/E (TTM) 30.63 PB Ratio 4.98

Stock Name Ramkrishna Forgings Ltd ₹535.00 (-1.09%) M. Cap (Cr) 96.85 1 Yr Return (%) -44.48% P/E (TTM) 32.06 PB Ratio 3.29

Stock Name Happy Forgings Ltd ₹1016.30 (-2.39%) M. Cap (Cr) 95.84 1 Yr Return (%) -4.66% P/E (TTM) 35.33 PB Ratio 5.18

Stock Name Balu Forge Industries Ltd ₹628.90 (-1.72%) M. Cap (Cr) 71.69 1 Yr Return (%) -17.24% P/E (TTM) 29.39 PB Ratio 7.41

Stock Name Steelcast Ltd ₹219.01 (-2.45%) M. Cap (Cr) 22.16 1 Yr Return (%) +45.93% P/E (TTM) 24.88 PB Ratio 6.80

Stock Name Amic Forging Ltd ₹1501.00 (-0.90%) M. Cap (Cr) 17.43 1 Yr Return (%) +21.20% P/E (TTM) 44.34 PB Ratio 18.06

Happy Forgings Ltd Cash Flow

Cash flow data provides a view of how money is generated and spent by Happy Forgings Ltd, across its operating activities, investing activities, and financing activities.

PARTICULARS Operating Activities Mar 2025 292.36 Mar 2024 189.02 Mar 2023 209.46 Mar 2022 80.28 Mar 2021 49.85

PARTICULARS Investing Activities Mar 2025 -319.44 Mar 2024 -469.41 Mar 2023 -172.45 Mar 2022 -165.66 Mar 2021 -58.68

PARTICULARS Financing Activities Mar 2025 39.47 Mar 2024 280.92 Mar 2023 -37.01 Mar 2022 82.52 Mar 2021 9.67

PARTICULARS Net Cash Flow Mar 2025 12.39 Mar 2024 0.52 Mar 2023 -0.01 Mar 2022 -2.87 Mar 2021 0.84

Happy Forgings Ltd Shareholding Pattern

This shows the ownership breakdown of Happy Forgings Ltd, highlighting participation from Foreign Institutional Investors (FII), Mutual Funds, Public, Other Institutions, and Promoters.

Promoter 78.52%

Public 2.45%

Other Institutions 5.34%

FII 2.03%

Mutual Funds 11.68%

About Happy Forgings Ltd

Happy Forgings Limited was incorporated as `Happy Forgings Private Limited' at Jalandhar, Punjab as a private limited company, pursuant to a certificate of incorporation dated July 2, 1979, issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. Thereafter, Company was converted from a private limited company to a public limited company, and the name of Company was changed to `Happy Forgings Limited', and a fresh certificate of incorporation dated April 1, 1998, issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh.Happy Forgings is an engineering led manufacturer of complex and safety critical, heavy forged and high precision machined components in India. The Company manufacture a wide range of forged and machined products such as crankshafts, front axle beams, steering knuckles, differential cases, transmission parts, planetary carriers, suspension brackets and valve bodies across industries for a diversified base of customers. It mainly cater to domestic and global OEMs manufacturing commercial vehicles in the automotive sector and 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 into the non-automotive sector.The Company has emerged as a leading player in the domestic crankshaft manufacturing industry with the second largest production capacity for commercial vehicle and high horse-power industrial crankshafts in India. In 1995, the Company purchased heavy duty hammers for manufacturing of oil engine parts and motor parts. In 2006, it commissioned operations at Kanganwal Facility II unit, in 2008, commissioned first 8,000 ton forging press; commenced manufacturing front steering parts by procuring axle arms in 2009 and installed model grinding technology used to manufacture four cylinder and six cylinder crankshafts. In 2011, it ventured into commercial vehicles, farm equipment and industrial equipment industries; later on, the second 8,000 ton forging press was commissioned during 2017; again it ventured into a new sector by manufacturing pinion shaft in the wind turbine industry in 2019; installed third 8,000 ton forging press line in 2021; commenced Dugri Facility operations in 2021, commissioned front axle beam for electric buses into commercial vehicle industry in 2022 and thereafter, installed 8 dedicated lines for manufacturing crankshafts and commissioned first 14,000 ton forging press line in 2022. The Company installed eight dedicated lines for manufacturing crankshafts in FY 2022.The Company launched its initial public offering of 11,865,802 equity shares of face value of Rs 2 each by raising capital aggregating to Rs 1008.6 Crore comprising a fresh issue of 4,705,882 equity shares aggregating to Rs 400 Crore and offer for sale of 7,159,920 equity shares aggregating to Rs 608.6 Cr in December, 2023. HFL Technologies Private Limited was incorporated as a wholly owned subsidiary of the Company in FY 2023-24. Company has commenced supplies of industrial crankshafts for SUVs in FY24.Forging capacity reached 1,27,000 metric tonnes, while machining capacity stood at 57,000 metric tonnes in FY 2025. The Company commenced Commenced supply of crankshafts for SUVs in 2025.

Independent Director

Satish Sekhri

Registered office B-XXIX 2254/1 Kanganwal Rd P O, Jugiana, Ludhiana, Punjab, 141120

FAX :+91 161 521 7162

Background

Incorporation Year 1979

Face Value ₹2.00

Market Lot 1

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