Happy Forgings Stock Opens with 5.26% Gain, Outperforms Sector Today
Happy Forgings, a midcap auto ancillary company, saw a 5.26% gain in its stock as it opened positively today. Despite outperforming the sector by 0.83%, the stock is currently trading lower than its moving averages. With a 1 day performance of 2.74%, Happy Forgings has shown potential for growth but investors are advised to do their own research before investing.
Happy Forgings, a midcap auto ancillary company, saw a positive start to the day as its stock opened with a gain of 5.26%. This comes after the stock had been on a downward trend for the past 5 days. The stock has also outperformed the sector by 0.83% today.
The stock's intraday high was recorded at Rs 1108.95, a 5.26% increase from its previous close. However, Happy Forgings is currently trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.
In terms of performance, Happy Forgings has outperformed the Sensex with a 1 day performance of 2.74% compared to the Sensex's 1.18%. However, over the past month, the stock has seen a decline of -3.43% while the Sensex has also seen a decline of -3.66%.
MarketsMOJO has given a 'Hold' call for Happy Forgings, indicating a neutral stance on the stock. This is based on the stock's recent performance and market trends. As a midcap company in the auto ancillary industry, Happy Forgings has shown potential for growth but it is important to note that this is not a recommendation to buy or sell the stock.
Overall, Happy Forgings has shown a positive start to the day and has outperformed the sector. However, its recent downward trend and lower trading than moving averages suggest a cautious approach. Investors are advised to do their own research and make informed decisions before investing in the stock.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
