Happy Forgings Share Price
NSE: HAPPYFORGE | Castings, Forgings & Fastners | Small Cap
Happy Forgings Share Price Today
Happy Forgings Share Price Today
As of 24 Oct 2026, Happy Forgings share price is ₹1762. The stock opened at ₹1827.7 and had closed at ₹1818 the previous day. During today’s trading session, Happy Forgings share price moved between ₹1,736.10 and ₹1,827.70, with an average price for the day of ₹1781.90. Over the last 52 weeks, the stock has recorded a low of ₹976.00 and a high of ₹2,470.00. In terms of performance, Happy Forgings share price has increased by 32.4% over the past six months and has declined by 0% over the last year.
Happy Forgings Stock Performance
Happy Forgings Share Price Chart
Happy Forgings Share Price Chart
Happy Forgings Company background
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 is 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, offhighway vehicles and manufacturers of industrial equipment and machinery for oil and gas, power generation, railways and wind turbine industries into the nonautomotive 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 horsepower 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. The Company installed eight dedicated lines for manufacturing crankshafts in FY 2022.The Company launched its initial public offering of 11,865,802 equity shares of face value of Rs 2 each by raising capital aggregating to Rs 1008.6 Crore comprising a fresh issue of 4,705,882 equity shares aggregating to Rs 400 Crore and offer for sale of 7,159,920 equity shares aggregating to Rs 608.6 Cr in December, 2023. HFL Technologies Private Limited was incorporated as a wholly owned subsidiary of the Company in FY 202324. Company has commenced supplies of industrial crankshafts for SUVs in FY24.Forging capacity reached 1,27,000 metric tonnes, while machining capacity stood at 57,000 metric tonnes in FY 2025. The Company commenced Commenced supply of crankshafts for SUVs in 2025.The Company commissioned a 10,000tonne forging press in FY26. The machining capacity increased to 68,000MT during the year 2026.
Happy Forgings Financial Highlights
For Q1 FY2026–2027, Happy Forgings's revenue reached ₹460.50 crore and profit touched at ₹91.46 crore. As of 24 October 2026, Happy Forgings’s market capitalization reached at ₹16,633.48 crores. Shareholding as of 24 October 2026 shows promoters holding 78.4%, with FIIs at 2.4%, DIIs at 14.9%, and public at 4.3%.
Happy Forgings Fundamental
Market Cap (in crs)
16,633.48
Face Value
2
Turnover (in lacs)
2,133.92
Key Metrics
Happy Forgings Key Financials
View moreHappy Forgings Result Highlights
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Happy Forgings reported a 3.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 4.5%.
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Its expenses for the quarter were down by 1.0% QoQ and up 2.4% YoY.
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The net profit decreased 9.6% QoQ and increased 11.5% YoY.
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The earnings per share (EPS) of Happy Forgings stood at 6.8 during Q3FY25.
Data Source: BSE, Company announcements
The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results.
Happy Forgings Technical Analysis
Delivery & Volume
Delivery Volume %
Day
52.40%
Week
51.70%
Month
57.80%
Resistance & Support
Happy Forgings Peer comparison
CompareIndex Name | Market Price |
|---|---|
3,579.20 -54.70 (-1.51%)▼ | |
1,711.20 -29.80 (-1.71%)▼ | |
591.10 -23.40 (-3.81%)▼ | |
325.40 -12.70 (-3.76%)▼ | |
422.05 -20.50 (-4.63%)▼ | |
1,099.60 +2.70 (+0.25%)▲ |
Happy Forgings Latest News
Happy Forgings Share Price FAQs
Happy Forgings share price is ₹1762 in NSE and ₹1761.8 in BSE as on 23/10/2026.
Happy Forgings share price in the past 1-year return was 76.84. The Happy Forgings share hit a 1-year low of Rs. 976 and a 1-year high of Rs. 2470.
The market cap of Happy Forgings is Rs. 16633.48 Cr. as of 23/10/2026.
The PE ratios of Happy Forgings is 50.8 as of 23/10/2026.
The PB ratios of Happy Forgings is 7.81 as of 23/10/2026
The Mutual Fund Shareholding in Happy Forgings was 13.37% at the end of 23/10/2026.
You can easily buy Happy Forgings shares in Kotak Neo by opening a demat account and getting the KYC documents verified online.
The 52-week high and low of Happy Forgings share price is ₹2470 and ₹976 as of 23/10/2026.
Please be aware that Happy Forgings stock prices are subject to continuous fluctuations due to various factors.