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Happy Forgings Limited
Share Price Target & Analysis

NSE:HAPPYFORGE

1059.19

VWAP

1069.1

Open

1066

Close

1072.5

High

1041.05

Low

1299.95

52 Week High

1065.60 ⇩
-0.40 (-0.04%)

HAPPYFORGE

(Miscellaneous)
51.9% Momentum

Turnaround Potential

813.2

52 Week Low

27.49

EPS

44.27

PE

6.23

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: HAPPYFORGE Share Price Financial Analysis & Valuation

Happy Forgings Limited (HAPPYFORGE) is broadly categorized in Miscellaneous segment industry which deals in Metals - Castings/Forgings vertical. It is one of Small Cap company with Market Capitalization of Rs 0 (in Cr). Total number of free float shares are 0 (in Lacs). Happy Forgings Limited is listed on NSE with Exchange ID - INE330T01021 and trading code is NSE:HAPPYFORGE with short name Happy Forgings.

In the past 1 year, Happy Forgings Limited has declared an equity dividend of Rs 0 per share. At the current share price of HAPPYFORGE at Rs 1065.60, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:HAPPYFORGE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine HAPPYFORGE underlying value and future prospects. All of this data is available in HAPPYFORGE financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:HAPPYFORGE, it is clearly understood that HAPPYFORGE is Economical performer in terms of earnings and profit margins with an EPS of 27.49. NSE:HAPPYFORGE book value per share as of today is 171.17. The current price to book ratio for HAPPYFORGE as of Nov 23, 2024 is 6.23.

Valuation of the Stock: The current valuation of HAPPYFORGE stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of HAPPYFORGE whether to BUY this stock at current valuation. The delivery percentage of HAPPYFORGE is 50.7% is very crucial parameter which shows that 50.7% investors are anticipating that the price of HAPPYFORGE share should go up with VWAP at 1059.19.

Now, the main question is whether to BUY or SELL, NSE:HAPPYFORGE at current valuation.
As per latest Analysis No. #950:-

⇑ STRONG BUY HAPPYFORGE if All Greens

⇗ BUY HAPPYFORGE (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD HAPPYFORGE (With Stop Loss) if only 1 Green

⇘ SELL HAPPYFORGE if NO Green Indicator

NSE: HAPPYFORGE Share Price Today (Nov 23, 2024)

(Happy Forgings Limited Daily Analysis on the basis of HAPPYFORGE Intraday Graph & Trend)

Happy Forgings Limited share price moved Down by -0.04% from its previous close of Rs 1066. HAPPYFORGE stock last traded price is 1065.60. HAPPYFORGE share price trend is Down with a total of 14261 stocks traded till now. It has touched an intraday high of Rs 1072.5 and an intraday low of Rs 1041.05. The HAPPYFORGE trading at 1065.60, Down by Rs. -0.40, or -0.04 percent which suggests that most of the Traders are anticipating that the price of HAPPYFORGE share should go Down.

NSE: HAPPYFORGE Share Price Tomorrow Prediction

(Happy Forgings Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of HAPPYFORGE)

Happy Forgings Limited share price moved Down by -0.04%. HAPPYFORGE share price short term trend is Down. It suggests that HAPPYFORGE Share Price for Tomorrow remains the same with VWAP at 1059.19 will be treated as stop loss for intraday traders. Happy Forgings Limited Long term investors can follow the HAPPYFORGE long term trend as mentiond in future forecast table.

NSE Code

NSE: HAPPYFORGE

HAPPYFORGE Share Price Today

 1065.60

HAPPYFORGE Share Price Target Prediction for 2024 ^

 1015.6 - 1306.4

HAPPYFORGE Share Price Target Prediction for 2025*^

 1306.4 - 1391.7

HAPPYFORGE Share Price Target Prediction for 2026*^

 1391.7 - 1489.1

HAPPYFORGE Share Price Target Prediction for 2027*^

 1564

HAPPYFORGE Share Price Target Prediction for 2028*^

 1608

HAPPYFORGE Share Price Target Prediction for 2030*^

 1753
HAPPYFORGE Current Book Value 2023
170.3

*Happy Forgings Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^HAPPYFORGE share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

HAPPYFORGE Technical Analysis (In Process... .. .)


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Most popular Questions & Answers about HAPPYFORGE


Happy Forgings Limited stock last traded price is 1065.60. HAPPYFORGE share price moved Down by -0.04% from its previous close of Rs 1066.

Happy Forgings Limited share price trend is Down with a total of 14261 stocks traded till now. It has touched an intraday high of Rs 1312.9495 and an intraday low of Rs 1041.05. The HAPPYFORGE trading at 1065.60, Down by Rs. -0.40, or -0.04 percent which suggests that most of the Traders are anticipating that the price of HAPPYFORGE share should go Down and the Stop Loss will be around 1059.19.

The market cap of Happy Forgings Limited is ₹0 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Happy Forgings Limited as of Nov 22, 2024 is 44.27.

The current price to book ratio for Happy Forgings Limited as of Nov 22, 2024 is 6.23.

The highest price of Happy Forgings Limited stock is ₹1299.95 in the last 52-week.

The lowest price of Happy Forgings Limited stock is ₹813.2 in the last 52-week.

Happy Forgings Limited share trading at ₹1065.60, Down by Rs. -0.40, or -0.04 percent which suggests that most of the traders are anticipating that the price of HAPPYFORGE share should go Down.

In 2023, Stock price target for Happy Forgings Limited (HAPPYFORGE) are ₹1015.6 on downside and ₹1306.4 on upside. Happy Forgings Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Happy Forgings Limited (HAPPYFORGE) are ₹1306.4 on downside and ₹1391.7 on upside. Happy Forgings Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Happy Forgings Limited (HAPPYFORGE) are ₹1391.7 on downside and ₹1489.1 on upside. Happy Forgings Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Happy Forgings Limited (HAPPYFORGE) will be around ₹1608 Happy Forgings Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of HAPPYFORGE.

The price of Happy Forgings Limited (HAPPYFORGE) shares moved by -0.04%. The short-term trend for HAPPYFORGE share price is Down. It implies that the share price of HAPPYFORGE will stay the same tomorrow and that intraday traders should treat VWAP at 1059.19 as a stop loss. Investors with a long-term outlook can track HAPPYFORGE long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of HAPPYFORGE stock is 329.6. Compared to the current market price of 1065.60 INR, the HAPPYFORGE stock is Overvalued by 69.1%.

As per the fundamental analysis of Happy Forgings Limited (HAPPYFORGE), it is of Economical quality in terms of earnings and profit margins with an EPS of 27.49. Happy Forgings Limited book value per share as of today is 171.17. The current price to book ratio for HAPPYFORGE as of Nov 23, 2024 is 6.23.


NSE:HAPPYFORGE News & Other Useful Information about HAPPYFORGE Share Price


Peer Comparison of NSE: HAPPYFORGE

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Metals - Castings/Forgings

Company Price EPS BV
ROLEXRINGS 1993.75 58.68 329.81
PATTECH 129.25 0 24.86
GALAPREC 1070.35 0 74.66
SCML 129.80 0 53.83
HAPPYFORGE 1065.60 27.49 171.17
PSFL 66.00 0 14.08
FORGEAUTO 82.50 0 10
Updated at: 22 Nov 2024 15:54

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