Happy Steels

Why is Happy Steels Ltd falling/rising?

As of 29-Aug, Happy Steels Ltd's stock price has risen to 92.00, reflecting a 9.2% increase, driven by strong performance compared to the benchmark Sensex and significant gains over the past month. Despite a decline in investor participation, the stock remains liquid and shows bullish trends across various moving averages.

As of 29-Aug, Happy Steels Ltd is experiencing a rise in its stock price, currently at 92.00, which reflects an increase of 7.75 or 9.2%. This upward movement can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 5.20% while the Sensex has declined by 0.31%. Additionally, the stock has shown significant strength over the past month, with a remarkable increase of 50.45%, contrasting sharply with the Sensex's modest gain of 0.79%.<BR><BR>Today's performance indicates that Happy Steels is outperforming its sector by 9.06%, suggesting strong investor interest and confidence in the stock. Furthermore, it is trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bullish trend.<BR><BR>However, it is important to note that there has been a decline in investor participation, as evidenced by a significant drop in delivery volume, which fell by 71.04% against the 5-day average. Despite this decrease in participation, the stock remains liquid enough for trading, indicating that there is still sufficient market activity.<BR><BR>In summary, the rise in Happy Steels Ltd's stock price is primarily driven by strong recent performance relative to the market and sector, as well as favorable trading conditions, despite a notable decline in delivery volume.

Which are the latest news on Happy Steels?

What does Happy Steels do?

Happy Steels Ltd is a micro-cap company in the auto components and equipment industry, originally incorporated in 1996. It currently has no reported sales or profit for the latest quarter, with a market cap of INR 86 Cr and a P/E ratio of 13.00.

Overview:<BR>Happy Steels Ltd operates in the auto components and equipment industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Happy Steels Limited was originally incorporated as 'Happy Steels Private Limited' on June 14, 1996, and later converted into a public limited company. There is no sales or profit data reported for the latest quarter.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 86 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 13.00<BR>Industry P/E: 40<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 1.15<BR>Return on Equity (ROE): 17.76%<BR>Price-to-Book: 2.35<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the peers of the Happy Steels?

Happy Steels' peers include Uravi Defence, Hindustan Hardy, SAL Automotive, Samkrg Pistons, New Swan, Porwal Auto Comp, Akar Auto Indust, and Duncan Engg. Hindustan Hardy shows the highest 1-year return at 0.00%, while Uravi Defence has the lowest at -77.69%.

Peers: The peers of Happy Steels are Uravi Defence &, Hindustan Hardy, SAL Automotive, Samkrg Pistons, New Swan, Porwal Auto Comp, Akar Auto Indust, and Duncan Engg.<BR><BR>Quality Snapshot: Excellent management risk is observed at Hindustan Hardy, New Swan, and Duncan Engg., while Average management risk is found at SAL Automotive, Samkrg Pistons, Akar Auto Indust, and the rest. Below Average management risk is present at Uravi Defence &, Porwal Auto Comp. For growth, Excellent growth is noted at SAL Automotive, while Below Average growth is seen at Uravi Defence &, Hindustan Hardy, Samkrg Pistons, New Swan, Porwal Auto Comp, Akar Auto Indust, and the rest. Good capital structure is observed at Hindustan Hardy, Samkrg Pistons, New Swan, and Duncan Engg., while Average capital structure is found at New Swan, and Below Average capital structure is present at Uravi Defence &, SAL Automotive, Porwal Auto Comp, Akar Auto Indust.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Hindustan Hardy at 0.00%, while Uravi Defence & has the lowest at -77.69%. Happy Steels' 1-year return is not available for comparison. Additionally, Uravi Defence & has a negative six-month return of -37.95%.

How big is Happy Steels?

As of 14th August, Happy Steels Ltd has a market capitalization of 91.00 Cr, classifying it as a Micro Cap company, with no available financial data for Net Sales or Net Profit for the latest four quarters. The balance sheet as of March 2026 shows Shareholder's Funds of 39.98 Cr and Total Assets of 99.66 Cr.

As of 14th August, <BR><BR>Market Cap: Happy Steels Ltd has a market capitalization of 91.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2026, with Shareholder's Funds amounting to 39.98 Cr and Total Assets valued at 99.66 Cr.