Happy Forgings Ltd receives order from Tier 1 manufacturer

Happy Forgings Ltd has obtained an order from a leading global Tier 1 manufacturer of automobile driveline components and systems for supply of brake flanges for passenger vehicles (utility vehicles / pickup trucks) subject to fulfillment of supply terms and conditions.

The order is to be executed from Q4 of FY 2026 or Q1 of FY 2027 upto December 2034.

The order value is Rs. 60-70 Cr. p.a. (approximately Rs 500 crores for entire period)

Shares of Happy Forgings Limited was last trading in BSE at Rs. 904.60 as compared to the previous close of Rs. 930.20. The total number of shares traded during the day was 10759 in over 1356 trades.

The stock hit an intraday high of Rs. 919.35 and intraday low of 840.05. The net turnover during the day was Rs. 9685816.00.

Source : Equity Bulls

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