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Happy Forgings Ltd.

NSE: HAPPYFORGE | BSE:544057

₹1198.70 -8.95 (-0.74%) 1D

General Industrials

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Performance

Today’s low

1190.00

Today’s High

1244.00

52W low

813.20

52W High

1300.00

Open Price

1215.00

Prev. Close

1170.2000

Volume

36484.00

Value

43733370.80

Fundamentals

Market Cap

11292.30

Price to Earnings

46.50

Price to Book Value

7.00

Dividend Yield

0.30

PE to Growth

0.00

Op Revenue TTM

1369.88

Net Profit TTM

242.81

Cash From Operating Activity

189.02

Return on Equity %

15.06

EMA & SMA

Bullish Moving Averages

5

Bearish Moving Averages

9

DELIVERY AND VOLUME

DAILY AVG. DELIVERY VOLUME %

19 Sep, 2024

40.6

Week

48.7

Month

54.6

LEGEND

Positive Indicator

Neutral Indicator

Negative Indicator

RESISTANCE AND SUPPORT

1210.92

PIVOT

First Resistance

1231.78

Second Resistance

1264.87

Third Resistance

1285.73

First Support

1177.83

Second Support

1156.97

Third Support

1123.88

Relative Strength Index

48.13

Money Flow Index

46.63

MACD

-0.76

MACD Signal

-3.61

Average True Range

37.66

Average Directional Index

19.46

Rate of Change (21)

-1.13

Rate of Change (125)

47.03

Day Commodity Channel Index

61

Day Williams %R

-46.6

BETA

1 Month

0.88

3 Month

0.71

1 Year

3 Year

PRICE CHANGE ANALYSIS

-1.17%

1 Week

Low

High

1190.05

1245

-0.53%

1 Month

Low

High

1139

1250.8

0.06%

3 Months

Low

High

1136.65

1299.95

45.17%

6 Months

Low

High

825.75

1299.95

41.02%

1 Year

Low

High

813.2

1299.95

Bigul
16 Sep 2024

Happy Forgings Ltd - 544057 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Intimation of investors conference to be held on 20th September 2024 at 4.00 PM
Bigul
13 Aug 2024

Happy Forgings Ltd - 544057 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Earnings call Transcript for the call on 8th August 2024
Bigul
08 Aug 2024

Happy Forgings Ltd - 544057 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper publication of quarterly financial results
Bigul
08 Aug 2024

Happy Forgings Ltd - 544057 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Audio recording of Earnings call held on 8th August 2024
Bigul
07 Aug 2024

Q1FY25 Quarterly Result Announced for Happy Forgings Ltd.

Industrial Products company Happy Forgings announced Q1FY25 results: Revenue from Operations of Rs 341 crore EBITDA of Rs 98 crore EBITDA % of 28.6% PAT of Rs 64 crore Contribution of machined products increased from 82% in Q1FY24 to 87% in Q1FY25 Passenger Vehicles stood at 3% in Q1FY25 as compared to 1% in the entire FY24 on the back of new order wins Exports share stood at 18% as compared to 20% in FY24 Commenting on the Q1FY25 performance, Ashish Garg, Managing Director, Happy Forgings, said: “I am pleased to present our performance for Q1FY25, marked by Revenue of Rs 341 crore, EBITDA of Rs 98 crore and PAT of Rs 64 crore. We achieved a YoY growth of ~3% in finished goods volume and ~4% increase in realisations (despite a reduction in raw material costs) leading to a ~7% growth in revenues. Our realisation and profitability levels in Q1FY25 remained broadly consistent with those reported for FY24. Realisation stood at Rs 245/kg, gross margin at 56.5% and EBITDA margin at 28.6% in Q1FY25. Machining mix remains robust at 87%, supporting our margins. We successfully entered the Passenger Vehicles segment in FY24, and this segment contributed ~3.5% to our topline this quarter. During the quarter, the underlying industry segments faced challenges, including a temporary slowdown in infrastructure-related activities due to the general elections and a slowdown in European farm equipment and power generation sectors However, our diversification strategy across different segments enabled us to perform well overall. Our planned capacity expansions are on track. We added 1,500MT of machining capacity during the quarter and will add an additional 4,500MT in Q2FY25, which will lead to a total increase of 6,000MT in machining capacity in H1FY25. Furthermore, 5,000MT of machining capacity is planned to be added in Q3FY25. We have the necessary product approvals, and we expect a simultaneous ramp-up in production enabling us to reap the benefits of increased capacity. This provides us with visibility for stronger performance throughout the remainder of the year.” Result PDF
Bigul
07 Aug 2024

Happy Forgings Ltd - 544057 - Announcement under Regulation 30 (LODR)-Investor Presentation

Investor presentation for the quarter ended 30th June 2024
Bigul
07 Aug 2024

Happy Forgings Ltd - 544057 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report

Monitoring agency report for the quarter ended 30th june 2024
Bigul
07 Aug 2024

Happy Forgings Ltd - 544057 - Unaudited Results For The Quarter Ended 30Th June 2024

Unaudited financial results for the quarter ended 30th June 2024
Bigul
07 Aug 2024

Happy Forgings Ltd - 544057 - Board Meeting Outcome for Outcome Of Board Meeting

Outcome of Board Meeting held on 7th August 2024
See all News

FAQs

The latest market price of Happy Forgings Ltd. on NSE was Rs. 1198.70 as of today.

The opening share price of Happy Forgings Ltd. was Rs. 1215.00 as of today.

The 52-week high share price of Happy Forgings Ltd. was Rs. 1300.00.

The 52 week low share price of Happy Forgings Ltd. was Rs. 813.20.

Please find Corporate actions section for more details.

The PE ratio of Happy Forgings Ltd. is 0.00. Please refer to the Fundamentals section for further details.

Please find Corporate actions section for more details.

Please find Corporate actions section for more details.

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Please refer to Stock Ants, Bigul’s Community Access platform that aggregates tips and research from experts and provides real-time tracking to help investors validate, discover new investment ideas, and make informed decisions. Click here to learn more.

The latest dividend declared by Happy Forgings Ltd. was on 2024-07-22 for Rs. 4 per share. According to today’s share price, the dividend yield of Happy Forgings Ltd. stands at 0.30. Please refer to the Corporate Actions section for further details.

Please find Corporate actions section for more details.

Please find Corporate actions section for more details.

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Please refer to the News section for the latest news about Happy Forgings Ltd..

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