Why is Happy Forgings falling/rising?

Sep 25 2025 11:53 PM IST
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As of 25-Sep, Happy Forgings Ltd is priced at 968.90, down 0.21%. Despite a recent decline, the stock has outperformed its sector today and gained 0.71% over the past week, but it faces challenges with a significant one-year drop of -19.65% amidst a generally negative market sentiment.
As of 25-Sep, Happy Forgings Ltd is currently priced at 968.90, reflecting a decrease of 2.05 points or 0.21%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 0.42% during this period. Despite this, the stock has outperformed its sector by 1.04% today. Over the past week, it has shown a positive return of 0.71%, and over the past month, it has increased by 2.53%. However, the year-to-date performance is down by 2.77%, and the one-year return is significantly lower at -19.65%. The company maintains a low debt-to-equity ratio of 0.01, which is a positive factor, but the recent drop in delivery volume by 60.73% against the five-day average indicates falling investor participation.

In the broader market context, the Sensex has declined by 2.23% over the past week, while Happy Forgings has managed to gain 0.71%, suggesting that the stock is performing relatively better than the benchmark in the short term. However, the overall market sentiment appears to be negative, as evidenced by the Sensex's year-to-date increase of 3.87% compared to Happy Forgings' decline. This contrast highlights the challenges the company faces, particularly with its significant one-year drop against a backdrop of a moderately performing market.
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