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Resistance/Support
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Happy Forgings Ltd Performance

Today's Low
959.60
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Today's High
984.20
52 Wk Low
813.20
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52 Wk High
1,087.40


Open

962

Traded Value (Cr)

7.36 Cr

Prev. Close

956.1

VWAP

971.64

Volume

66,776

Face Value

2

Happy Forgings Ltd Financials

Happy Forgings Ltd Financials

Happy Forgings Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Aug 2023
Promoters 78.60 % 78.60 % 88.24 %
Others 9.88 % 10.25 % 11.76 %
Mutual Funds 7.42 % 5.14 % 0.00 %
Retail 2.98 % 3.95 % 0.00 %
FII 1.12 % 2.06 % 0.00 %

Promoters

78.60%

Others

9.88%

Mutual Funds

7.42%

Retail

2.98%

FII

1.12%

Promoters

78.60%

Others

10.25%

Mutual Funds

5.14%

Retail

3.95%

FII

2.06%

Promoters

88.24%

Others

11.76%

Mutual Funds

0.00%

Retail

0.00%

FII

0.00%

Resistance and Support

₹948.77

PIVOT

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Resistance
First Resistance₹958.383
Second Resistance₹966.267
Third Resistance₹975.883
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Support
First Resistance₹940.883
Second Resistance₹931.267
Third Resistance₹923.383
RSI51.430
MACD12.397
ADX17.895
CCI53.857

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day66,77635,02652.45
Week82,38055,11962.93
1 Month152,34980,68563.14
6 Months42,36524,59658.06

About Happy Forgings Ltd

Happy Forgings Limited was incorporated as Happy Forgings Private Limited' at Jalandhar, Punjab as a private limited company, pursuant to a certificate of incorporation dated July 2, 1979, issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. Thereafter, Company was converted from a private limited company to a public limited company, and the name of Company was changed to Happy Forgings Limited', and a fresh certificate of incorporation dated April 1, 1998, issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. Happy Forgings are an engineering led manufacturer of complex and safety critical, heavy forged and high precision machined components in India. The Company manufacture a wide range of forged and machined products such as crankshafts, front axle beams, steering knuckles, differential cases, transmission parts, planetary carriers, suspension brackets and valve bodies across industries for a diversified base of customers. It mainly cater to domestic and global OEMs manufacturing commercial vehicles in the automotive sector and manufacturers of farm equipment, off-highway vehicles and manufacturers of industrial equipment and machinery for oil and gas, power generation, railways and wind turbine industries into the non-automotive sector. The Company has emerged as a leading player in the domestic crankshaft manufacturing industry with the second largest production capacity for commercial vehicle and high horse-power industrial crankshafts in India. In 1995, the Company purchased heavy duty hammers for manufacturing of oil engine parts and motor parts. In 2006, it commissioned operations at Kanganwal Facility II unit, in 2008, commissioned first 8,000 ton forging press; commenced manufacturing front steering parts by procuring axle arms in 2009 and installed model grinding technology used to manufacture four cylinder and six cylinder crankshafts. In 2011, it ventured into commercial vehicles, farm equipment and industrial equipment industries; later on, the second 8,000 ton forging press was commissioned during 2017; again it ventured into a new sector by manufacturing pinion shaft in the wind turbine industry in 2019; installed third 8,000 ton forging press line in 2021; commenced Dugri Facility operations in 2021, commissioned front axle beam for electric buses into commercial vehicle industry in 2022 and thereafter, installed 8 dedicated lines for manufacturing crankshafts and commissioned first 14,000 ton forging press line in 2022. Through Initial Public Offer, the Company is planning Equity Shares of Fresh Issue aggregating Rs 500 Crores and an Offer for Sale by issuing 8,054,910 Equity Shares.

Managing Director

PARITOSH KUMAR

Founded

1979

NSE Symbol

HAPPYFORGE

Happy Forgings Ltd Management

NameDesignation
SATISH SEKHRI Director
SUMAN GARG Whole-time Director
PARITOSH KUMAR Managing Director
NARINDER JUNEJA SINGH Director
VIKAS GIYA Director
ASHISH GARG Managing Director
NITIN AGGARWAL Director
PRAKASH BAGLA Nominee
SURESH CHANDER GARG Director
MEGHA GARG Whole-time Director
DEPESH KUMAR Company Secretary

Happy Forgings Ltd News

Happy Forgings wins multi-year export order for supply of axle components for e-SUVs
Happy Forgings bags supply order of components for Electric SUV
Happy forgings (HFL)said that it has received an order from a leading global manufacturer and supplier of automotive components to supply E Axle components for Electric SUVs in US Passenger Vehicle segment.
Happy Forgings bags multi-year order for supply of brake flanges
With order value estimated at Rs 500 cr till 2034
Happy Forgings jumps on bagging order worth Rs 500 cr
Happy Forgings rallied 6.13% to Rs 960.05 after the company announced that it has secured a major order from a leading global Tier-1 manufacturer of automobile driveline components and systems.
Happy Forgings standalone net profit rises 39.22% in the December 2023 quarter
Sales rise 16.22% to Rs 341.99 crore
Happy Forgings announces board meeting date
On 9 February 2024
Shares of Happy Forgings lists today
In B Group
Happy Forgings jumps on debut
Shares of Happy Forgings were currently trading at Rs 995 at 10:26 IST on the BSE, representing a premium of 17.06% as compared with the issue price of Rs 850.

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Happy Forgings Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Happy Forgings Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Happy Forgings Ltd's share price is ₹966.10 as of May 14, 2024

The 52-week high/low price of a Happy Forgings Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Happy Forgings Ltd's 52-week high and low as of May 14, 2024 are ₹984.2 and ₹959.6 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Happy Forgings Ltd stands at 78.60%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 2.06% to 1.12%.