Happy Forgings stands as the fourth largest engineering-led manufacturer in India specializing in intricate and safety-critical heavy forged and high precision machined components. The company is involved in engineering, process design, testing, production, and delivery of various components, ensuring both margin accretion and value addition through vertically integrated operations. The primary clientele includes domestic and global original equipment manufacturers (“OEMs”) in the automotive sector, encompassing commercial vehicles. Additionally, Happy Forgings extends its services to manufacturers in the non-automotive sector, serving farm equipment, off-highway vehicles, and industrial equipment and machinery for the oil and gas, power generation, railways, and wind turbine industries.
Happy Forgings has made a noteworthy debut in the stock market, showcasing a robust performance that has captured the attention of investors. The company’s stock price has surged from an initial value of 850 to an impressive 1000 ( at the time of writing this article , 10:15 AM IST ) reflecting a substantial 17% increase in value. This upward trajectory underscores the market’s confidence in Happy Forgings and its potential for growth and profitability.
Investors have been drawn to the company’s strategic position as India’s fourth-largest engineering-led manufacturer of complex and safety-critical forged components. The firm’s expertise in producing heavy forged and high precision machined components, coupled with its vertically integrated operations, has positioned it as a key player in the market.
Cheers
Srikanth
