Company updateMoneycontrol
ICICI Securities retains Buy rating for Happy Forgings at Rs 2450 target
Positive+4
GreyOak summary
ICICI Securities maintains a Buy rating for Happy Forgings with a target price of Rs 2,450. The firm cites strong domestic segment performance, accelerating exports, and a healthy order book of INR 10bn as growth drivers. The valuation is based on 40x FY29E EPS.
What it affects
- Happy ForgingsHAPPYFORGEPositive +4
Rolling sentiment Neutral +4
Source
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