Happy Forgings Limited
Share Price Target & Analysis

NSE:HAPPYFORGE

1787.9

VWAP

1827.7

Open

1818

Close

1827.7

High

1748.1

Low

2470

52 Week High

1757.10 ⇩
-60.90 (-3.35%)

HAPPYFORGE

(Miscellaneous)
52.3% Momentum

Turnaround Potential

976

52 Week Low

41.43

EPS

50.67

PE

7.47

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 Mid 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 0.23 per share. At the current share price of HAPPYFORGE at Rs 1757.10, this results in a dividend yield of 0.01 %.

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 41.43. NSE:HAPPYFORGE book value per share as of today is 235.14. The current price to book ratio for HAPPYFORGE as of Oct 23, 2026 is 7.47.

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 25071% is very crucial parameter which shows that 25071% investors are anticipating that the price of HAPPYFORGE share should go up with VWAP at 1787.9.

Now, the main question is whether to BUY or SELL, NSE:HAPPYFORGE at current valuation.
As per latest Analysis No. #1857:-

⇑ 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 (Oct 23, 2026)

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

Happy Forgings Limited share price moved Down by -3.35% from its previous close of Rs 1818. HAPPYFORGE stock last traded price is 1757.10. HAPPYFORGE share price trend is Down with a total of 20753 stocks traded till now. It has touched an intraday high of Rs 1827.7 and an intraday low of Rs 1748.1. The HAPPYFORGE trading at 1757.10, Down by Rs. -60.90, or -3.35 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 -3.35%. HAPPYFORGE share price short term trend is Down. It suggests that HAPPYFORGE Share Price for Tomorrow remains the same with VWAP at 1787.9 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

 1757.10

HAPPYFORGE Share Price Target Prediction for 2026 ^

 1659.5 - 2482.2

HAPPYFORGE Share Price Target Prediction for 2027*^

 2482.2 - 2644.4

HAPPYFORGE Share Price Target Prediction for 2028*^

 2644.4 - 2829.5

HAPPYFORGE Share Price Target Prediction for 2029*^

 2971

HAPPYFORGE Share Price Target Prediction for 2030*^

 3056

HAPPYFORGE Share Price Target Prediction for 2035*^

 3331
HAPPYFORGE Current Book Value
234

*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 2026 2027 2028 2029 2030 to 2035 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

HAPPYFORGE Technical Analysis

Candlestick Pattern: @2256.7

HAPPYFORGE Moving Averages

BUY (12) NEUTRAL (0) SELL (2)
MA Simple Action S1 Expo Action E2
MA_5 2250.26 BUY 2259.13 SELL
MA_12 2272.46 SELL 2247.76 BUY
MA_20 2247.29 BUY 2196.15 BUY
MA_32 2048.6 BUY 2079.5 BUY
MA_50 1895.78 BUY 1967.3 BUY
MA_100 1686.52 BUY 1778.14 BUY
MA_200 1403.41 BUY 1504.4 BUY

HAPPYFORGE Trend Oscillators

BUY (3) NEUTRAL (0) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 2247.29 Uptrend
MACD -27.82 SELL
ADX 36.82 Strong Trend
DMI (+/-) 29.59 / 17.87 Uptrend

HAPPYFORGE Momentum Oscillators

BUY (3) NEUTRAL (6) SELL (3)
Momentum Oscillators Value Action
RSI 60.87 Neutral
STOCHASTIC_K (Fast) 24.99 Neutral
STOCHASTIC_D (Slow) 14.53 Oversold
CCI 3.17 Neutral
PSAR 2464.03 SELL
TRUE RANGE 111.5 BUY
ATR 95.93 BUY
WILLIAMS R -58.81 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 30.63 Neutral
STOCHASTIC RSI D 10.21 Oversold
MOMENTUM 348.9 BUY

HAPPYFORGE Last 1 Year Trend

Duration Value
1 Year 152.46%
3 Months 65.57%
1 Month 18.29%
1 Week -3.8%

HAPPYFORGE Technical Analysis Summary

Updated on 2026-09-09
Action Overall (%)
BUY 60%
NEUTRAL / HOLD 20%
SELL 20%

(powered by Zerodha)

Most popular Questions & Answers about HAPPYFORGE

Happy Forgings Limited Frequently Asked Questions (FAQs)

Happy Forgings Limited stock last traded price is 1757.10. HAPPYFORGE share price moved Down by -3.35% from its previous close of Rs 1818.

Happy Forgings Limited share price trend is Down with a total of 20753 stocks traded till now. It has touched an intraday high of Rs 2494.7 and an intraday low of Rs 1748.1. The HAPPYFORGE trading at 1757.10, Down by Rs. -60.90, or -3.35 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 1787.9.

The market cap of Happy Forgings Limited is ₹0 (in Cr) as of Oct 22, 2026.

The current price to earning ratio for Happy Forgings Limited as of Oct 22, 2026 is 50.67.

The current price to book ratio for Happy Forgings Limited as of Oct 22, 2026 is 7.47.

The highest price of Happy Forgings Limited stock is ₹2470 in the last 52-week.

The lowest price of Happy Forgings Limited stock is ₹976 in the last 52-week.

Happy Forgings Limited share trading at ₹1757.10, Down by Rs. -60.90, or -3.35 percent which suggests that most of the traders are anticipating that the price of HAPPYFORGE share should go Down.

In 2026, Stock price target for Happy Forgings Limited (HAPPYFORGE) will be around ₹1659.5 on downside and ₹2482.2 on upside. Happy Forgings Limited share price target is based on current financial year earings of the company.

In 2027, Stock price target for Happy Forgings Limited (HAPPYFORGE) will be around ₹2482.2 on downside and ₹2644.4 on upside. Happy Forgings Limited share price target is based on forecasted future earnings of the company.

In 2028, Stock price target for Happy Forgings Limited (HAPPYFORGE) will be around ₹2644.4 on downside and ₹2829.5 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 ₹3056 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 -3.35%. 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 1787.9 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 496.7. Compared to the current market price of 1757.10 INR, the HAPPYFORGE stock is Overvalued by 71.7%.

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 41.43. Happy Forgings Limited book value per share as of today is 235.14. The current price to book ratio for HAPPYFORGE as of Oct 23, 2026 is 7.47.


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 148.51 6.54 46.77
PATTECH 109.15 2.61 37.35
GALAPREC 1018.30 35.89 234.68
SCML 83.05 13.2 73.24
HAPPYFORGE 1757.10 41.43 235.14
PSFL 30.90 2.92 28.57
FORGEAUTO 97.00 12.43 63.23
ABHAPOWER 22.00 1.95 28.67
SHKSIL 29.00 4.09 55.57
BLEL 428.05 19.96 73.13
Updated at: 2026-10-23 11:05:36

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