Happy Forgings

Market Cap: Small Cap
Industry: Castings & Forgings
ISIN: INE330T01021
NSEID: HAPPYFORGE
BSEID: 544057

INR

1,025.40

-14.7 (-1.41%)

BSENSE

Dec 05

BSE+NSE Vol: 16.21 k

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  "main_header": {
    "sid": 10039105,
    "name": "Happy Forgings",
    "stock_name": "Happy Forgings",
    "full_name": "Happy Forgings Ltd",
    "name_url": "stocks-analysis/happy-forgings",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "1,025.40",
    "chg": -14.7,
    "chgp": "-1.41%",
    "dir": -1,
    "prev_price": "1,040.10",
    "mcapval": "9,672.39 Cr",
    "mcap": "Small Cap",
    "scripcode": "544057",
    "symbol": "HAPPYFORGE",
    "ind_name": "Castings & Forgings",
    "ind_code": 13,
    "indexname": "",
    "isin": "INE330T01021",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "16.21 k",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
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  "news": {
    "results": [
      {
        "title": "Happy Forgings Sees Shift in Market Assessment Amid Technical and Financial Developments",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/happy-forgings-upgraded-to-buy-on-improved-technicals-and-financial-performance-3743171",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/HappyForgings_mojoScore_3743171.png",
        "date": "2025-12-03 08:29:10",
        "description": "Happy Forgings, a key player in the Castings & Forgings sector, has experienced a notable revision in its market evaluation, reflecting changes across technical indicators, financial trends, valuation metrics, and overall quality parameters. This article analyses the factors influencing the recent shift in the company's assessment and what it means for investors navigating the current market environment."
      },
      {
        "title": "Happy Forgings Exhibits Bullish Momentum Amid Technical Parameter Revisions",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/happy-forgings-technical-momentum-strengthens-amid-bullish-signals-3743080",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/HappyForgings_technicaldot_3743080.png",
        "date": "2025-12-03 08:09:38",
        "description": "Happy Forgings, a key player in the Castings & Forgings sector, has demonstrated a notable shift in price momentum following recent adjustments in its technical evaluation parameters. The stock’s current price of ₹1,069.90 reflects a daily change of 2.33%, supported by a series of bullish signals across multiple technical indicators, suggesting a strengthening market stance."
      },
      {
        "title": "Why is Happy Forgings falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-happy-forgings-fallingrising-3742598",
        "imagepath": "",
        "date": "2025-12-03 01:05:33",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Context</strong></p>\n<p>Happy Forgings has recorded a notable upward trajectory over the past week and month, with returns of 3.75% and 4.59% respectively, significantly outpacing the Sensex’s 0.65% and 1.43% gains in the same periods. This short-term momentum is further underscored by the stock’s consecutive two-day gain, accumulating a 3.88% return. On 02-Dec, the stock touched an intraday high of ₹1,069.90, marking a 2.33% increase from the previous close, and trading above all key moving averages including the 5-day, 20-day, 50-day, 100-day, and 200-day levels. Such technical strength often attracts momentum-driven investors and signals robust market sentiment.</p>\n<p><strong>Fundamental Drivers Behind the Rise</strong></p>\n<p>The recent price appreciatio..."
      },
      {
        "title": "How has been the historical performance of Happy Forgings?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-happy-forgings-3742292",
        "imagepath": "",
        "date": "2025-12-02 23:07:57",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Profitability Trends</strong></p>\n<p>Over the fiscal years ending March 2023 to March 2025, Happy Forgings’ net sales have shown a steady upward trend, increasing from ₹1,196.53 crores in March 2023 to ₹1,408.89 crores in March 2025. This represents a compounded growth rate of approximately 8.3% annually, reflecting the company’s ability to expand its market presence and sales volume.</p>\n<p>The operating profit margin, excluding other income, has remained robust and stable, hovering around 28.5% to 28.9% during this period. This consistency indicates effective cost management despite fluctuations in raw material costs and other expenses. Notably, the gross profit margin improved from 27.93% in March 2023 to 30.99% in March 2025, signalling enhanced operational efficiency and pri..."
      },
      {
        "title": "Happy Forgings Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/happy-forgings-technical-momentum-shifts-amid-mixed-market-signals-3740479",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/HappyForgings_technicaldot_3740479.png",
        "date": "2025-12-02 08:13:23",
        "description": "Happy Forgings, a key player in the Castings & Forgings sector, has experienced a subtle shift in its technical momentum, reflecting a nuanced market assessment. Recent price movements and technical indicators reveal a transition from a bullish to a mildly bullish trend, underscoring a complex interplay of signals across multiple timeframes."
      },
      {
        "title": "Happy Forgings Technical Momentum Shifts Signal Market Attention",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/happy-forgings-technical-momentum-shifts-to-bullish-amid-market-volatility-3730387",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HappyForgings_technicaldot_3730387.png",
        "date": "2025-11-26 08:11:19",
        "description": "Happy Forgings has exhibited notable shifts in its technical momentum, reflecting a transition towards a more bullish stance across several key indicators. This development comes amid a broader market context where the stock’s price movements and technical signals warrant close observation from investors and analysts alike."
      },
      {
        "title": "Happy Forgings: Analytical Review Highlights Key Shifts in Market Assessment",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/happy-forgings-downgraded-to-hold-amid-mixed-financial-and-technical-signals-3727988",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HappyForgings_mojoScore_3727988.png",
        "date": "2025-11-25 09:02:56",
        "description": "Happy Forgings, a notable player in the Castings & Forgings sector, has recently undergone a revision in its market evaluation, reflecting nuanced shifts across quality, valuation, financial trends, and technical indicators. This article delves into the factors influencing the updated assessment and what they imply for investors navigating the current market landscape."
      },
      {
        "title": "Happy Forgings Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/happy-forgings-technical-momentum-shifts-amid-mixed-market-returns-3727735",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/HappyForgings_technicaldot_3727735.png",
        "date": "2025-11-25 08:15:42",
        "description": "Happy Forgings, a key player in the Castings & Forgings sector, has experienced a subtle shift in its technical momentum, reflecting a nuanced market assessment. Recent price movements and technical indicators reveal a transition from a bullish to a mildly bullish trend, underscoring a complex interplay of signals across multiple timeframes."
      },
      {
        "title": "How has been the historical performance of Happy Forgings?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-happy-forgings-3695784",
        "imagepath": "",
        "date": "2025-11-13 00:39:52",
        "description": "Answer:\nThe historical performance of Happy Forgings shows a consistent growth trend in net sales and profits over the past three years.\n\nBreakdown:\nHappy Forgings has demonstrated a strong upward trajectory in its financial performance from March 2023 to March 2025. Net sales increased from 1,196.53 Cr in March 2023 to 1,408.89 Cr in March 2025, reflecting a solid growth in total operating income, which also rose from 1,196.53 Cr to 1,408.89 Cr during the same period. The company managed to reduce its raw material costs from 629.73 Cr in March 2024 to 602.78 Cr in March 2025, contributing to an operating profit (PBDIT) growth from 346.68 Cr to 444.14 Cr. Profit before tax similarly increased from 280.03 Cr to 359.55 Cr, leading to a profit after tax rise from 208.70 Cr to 267.44 Cr. The earnings per share (EPS) improved from 23.32 in March 2023 to 28.38 in March 2025, indicating enhanced shareholder value...."
      }
    ],
    "total": 1119,
    "sid": "10039105",
    "stock_news_url": "https://www.marketsmojo.com/news/happy-forgings-10039105"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS",
      "datetime": "02-Dec-2025",
      "details": "Intimation of allotment of ESOP",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Earnings Call Transcript",
      "datetime": "13-Nov-2025",
      "details": "Transcript of Earnings call for the quarter and half year ended 30th September 2025",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "07-Nov-2025",
      "details": "Copy of Newspaper Publication",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Happy Forgings Ltd has declared <strong>150%</strong> dividend, ex-date: 22 Jul 25",
          "dt": "2025-07-22",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
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}

News and Views

Happy Forgings Sees Shift in Market Assessment Amid Technical and Financial Developments

2025-12-03 08:29:10

Happy Forgings, a key player in the Castings & Forgings sector, has experienced a notable revision in its market evaluation, reflecting changes across technical indicators, financial trends, valuation metrics, and overall quality parameters. This article analyses the factors influencing the recent shift in the company's assessment and what it means for investors navigating the current market environment.

Happy Forgings Exhibits Bullish Momentum Amid Technical Parameter Revisions

2025-12-03 08:09:38

Happy Forgings, a key player in the Castings & Forgings sector, has demonstrated a notable shift in price momentum following recent adjustments in its technical evaluation parameters. The stock’s current price of ₹1,069.90 reflects a daily change of 2.33%, supported by a series of bullish signals across multiple technical indicators, suggesting a strengthening market stance.

Why is Happy Forgings falling/rising?

2025-12-03 01:05:33

Recent Price Movement and Market Context

Happy Forgings has recorded a notable upward trajectory over the past week and month, with returns of 3.75% and 4.59% respectively, significantly outpacing the Sensex’s 0.65% and 1.43% gains in the same periods. This short-term momentum is further underscored by the stock’s consecutive two-day gain, accumulating a 3.88% return. On 02-Dec, the stock touched an intraday high of ₹1,069.90, marking a 2.33% increase from the previous close, and trading above all key moving averages including the 5-day, 20-day, 50-day, 100-day, and 200-day levels. Such technical strength often attracts momentum-driven investors and signals robust market sentiment.

Fundamental Drivers Behind the Rise

The recent price appreciatio...

How has been the historical performance of Happy Forgings?

2025-12-02 23:07:57

Revenue and Profitability Trends

Over the fiscal years ending March 2023 to March 2025, Happy Forgings’ net sales have shown a steady upward trend, increasing from ₹1,196.53 crores in March 2023 to ₹1,408.89 crores in March 2025. This represents a compounded growth rate of approximately 8.3% annually, reflecting the company’s ability to expand its market presence and sales volume.

The operating profit margin, excluding other income, has remained robust and stable, hovering around 28.5% to 28.9% during this period. This consistency indicates effective cost management despite fluctuations in raw material costs and other expenses. Notably, the gross profit margin improved from 27.93% in March 2023 to 30.99% in March 2025, signalling enhanced operational efficiency and pri...

Happy Forgings Technical Momentum Shifts Amid Mixed Market Signals

2025-12-02 08:13:23

Happy Forgings, a key player in the Castings & Forgings sector, has experienced a subtle shift in its technical momentum, reflecting a nuanced market assessment. Recent price movements and technical indicators reveal a transition from a bullish to a mildly bullish trend, underscoring a complex interplay of signals across multiple timeframes.

Happy Forgings Technical Momentum Shifts Signal Market Attention

2025-11-26 08:11:19

Happy Forgings has exhibited notable shifts in its technical momentum, reflecting a transition towards a more bullish stance across several key indicators. This development comes amid a broader market context where the stock’s price movements and technical signals warrant close observation from investors and analysts alike.

Happy Forgings: Analytical Review Highlights Key Shifts in Market Assessment

2025-11-25 09:02:56

Happy Forgings, a notable player in the Castings & Forgings sector, has recently undergone a revision in its market evaluation, reflecting nuanced shifts across quality, valuation, financial trends, and technical indicators. This article delves into the factors influencing the updated assessment and what they imply for investors navigating the current market landscape.

Happy Forgings Technical Momentum Shifts Amid Mixed Market Signals

2025-11-25 08:15:42

How has been the historical performance of Happy Forgings?

2025-11-13 00:39:52

Answer: The historical performance of Happy Forgings shows a consistent growth trend in net sales and profits over the past three years. Breakdown: Happy Forgings has demonstrated a strong upward trajectory in its financial performance from March 2023 to March 2025. Net sales increased from 1,196.53 Cr in March 2023 to 1,408.89 Cr in March 2025, reflecting a solid growth in total operating income, which also rose from 1,196.53 Cr to 1,408.89 Cr during the same period. The company managed to reduce its raw material costs from 629.73 Cr in March 2024 to 602.78 Cr in March 2025, contributing to an operating profit (PBDIT) growth from 346.68 Cr to 444.14 Cr. Profit before tax similarly increased from 280.03 Cr to 359.55 Cr, leading to a profit after tax rise from 208.70 Cr to 267.44 Cr. The earnings per share (EPS) improved from 23.32 in March 2023 to 28.38 in March 2025, indicating enhanced shareholder value....

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