Happy Steels (HAPPY-SM) Share Price Falls 8.64% Today to Rs 83.05
- August 27, 2026
- Posted by: Harsh Piplani
- Category: News
Happy Steels (Micro Cap) fell 8.64% to Rs 83.05, with market capitalisation at Rs 129.86 crore. The move is notable for Happy Steels Share Price today.
Happy Steels Share Price opened weaker today and ended at Rs 83.05 after a same-day decline of 8.64%. The stock’s market capitalisation stood at Rs 129.86 crore, placing Happy Steels in the Micro Cap category as supplied. Today’s decline is visible in the gap between the previous close of Rs 90.90 and the current price, while the day’s range of Rs 82.50 to Rs 92.50 shows that trading remained active around a relatively wide band. The data confirms the price event, but it does not establish a company-specific catalyst. For readers tracking Happy Steels Share Price Today, the verified numbers show the move first, and the interpretation has to stay tied to those numbers. Univest is using the supplied market data to frame the event, not to speculate about the cause. This Happy Steels Stock News update therefore focuses on the actual price action, valuation context and sector comparison.
Happy Steels (HAPPY-SM) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 83.05 |
| Previous Close | Rs 90.9 |
| Today's Move | -Rs 7.85 (-8.64%) |
| Open | Rs 86.85 |
| High | Rs 92.5 |
| Low | Rs 82.5 |
| Turnover | Rs 0.98 crore |
| Market Capitalisation | Rs 129.86 crore |
| Market Cap Category | Micro Cap |
Happy Steels Share Price Today shows a clear one-day fall from the previous close of Rs 90.90 to Rs 83.05, a day change of Rs -7.85 and a day change percent of -8.64%. The stock opened at Rs 86.85, moved to a day high of Rs 92.50 and a day low of Rs 82.50, before settling near the lower end of the day’s range. That sequence is important because it shows the actual path of price action, not a guessed reason for the decline. Turnover was Rs 0.98 crore, which is the exact value supplied for the day. With market cap at Rs 129.86 crore and the company classified as Micro Cap, the move sits in the context of a smaller listed company, but the price change itself remains the key verified event. For anyone following Happy Steels Share Price Live, the day’s data points to a sharp decline that was still contained within a defined intraday band. That naturally leads to a closer look at the company’s fundamentals and sector positioning in Happy Steels Stock News.
Happy Steels (HAPPY-SM) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 129.86 crore |
| P/E Ratio | 18.28x |
| P/B Ratio | 2.97x |
| ROE | 19.49% |
| ROCE | 15.75% |
| EPS | Rs 4.97 |
| Book Value Per Share | Rs 30.64 |
| Dividend Yield | 0% |
Happy Steels has a market capitalisation of Rs 129.86 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 18.28x, P/B at 2.97x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 19.49% and ROCE of 15.75%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 4.97, book value per share of Rs 30.64, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 24.16x, median ROE of 13.48%, median ROCE of 15.27%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Automobile & Ancillaries |
| Industry | Auto Ancillary |
| Benchmark Scope | same industry |
| Company P/E Ratio | 18.28x |
| Benchmark Median P/E | 24.16x |
| Benchmark Average P/E | 60.15x |
| Benchmark P/E Range | 4.78x to 2,062.16x |
| Company P/B Ratio | 2.97x |
| Benchmark Median P/B | 2.8x |
| Benchmark Average P/B | 4.69x |
| Company ROE | 19.49% |
| Benchmark Median ROE | 13.48% |
| Benchmark Average ROE | 12.77% |
| Company ROCE | 15.75% |
| Benchmark Median ROCE | 15.27% |
| Benchmark Average ROCE | 16% |
| Company Market Capitalisation | Rs 129.86 crore |
| Benchmark Median Market Cap | Rs 1,066.85 crore |
| Benchmark Average Market Cap | Rs 8,641.94 crore |
Happy Steels operates in the Automobile & Ancillaries sector and the Auto Ancillary industry, where the supplied benchmark covers 112 companies for the same industry. In that set, the company’s P/E of 18.28 is below the benchmark median of 24.16 and well below the benchmark average of 60.15, while its P/B of 2.97 is slightly above the median of 2.8 but below the average of 4.69. ROE at 19.49% is above the sector median of 13.48% and the sector average of 12.77%, while ROCE at 15.75% is just above the benchmark median of 15.27% and slightly below the benchmark average of 16%. The company’s market cap of Rs 129.86 crore is also far below the benchmark median market cap of Rs 1,066.85 crore. These are direct comparisons, not forecasts. In Happy Steels Share Price analysis, the sector data shows that the stock is valued below typical peer multiples on earnings, while return ratios are broadly competitive against the benchmark pool. That is why Happy Steels Stock News today is not only about the decline, but also about where the company stands within the auto ancillary set. Univest uses the same industry benchmark to keep the comparison factual and consistent.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Samvardhana Motherson International | MOTHERSON | 1,74,201.08 | 39.91 | 4.17 | 10.77 | 13.63 |
| Bosch | BOSCHLTD | 1,42,517.93 | 61.05 | 9.27 | 19.33 | 25.6 |
| UNO Minda | UNOMINDA | 72,105.44 | 60.71 | 10.29 | 20.54 | 20.74 |
| Tube Investments of India | TIINDIA | 55,652.04 | 91.31 | 6.91 | 16.86 | 27.33 |
| Sona BLW Precision Forgings | SONACOMS | 50,535.14 | 71.36 | 8.14 | 11.06 | 14.75 |
Happy Steels Share Price is best understood against listed peers in the same sector. Compared with Samvardhana Motherson International at a market cap of Rs 174,201.08 crore and P/E of 39.91, Bosch at Rs 142,517.93 crore and P/E of 61.05, and UNO Minda at Rs 72,105.44 crore and P/E of 60.71, Happy Steels sits at a much smaller scale with a P/E of 18.28. Its P/B of 2.97 is also lower than Bosch’s 9.27 and UNO Minda’s 10.29, while its ROE of 19.49% is above Motherson’s 10.77% and close to Bosch’s 19.33%. ROCE at 15.75% is below Bosch’s 25.60% and UNO Minda’s 20.74%, but above Motherson’s 13.63%. On the supplied numbers, Happy Steels Share Price reflects a smaller company with a mixed peer profile: valuation is lower than several peers, while return ratios are neither the weakest nor the strongest in the group. Univest keeps the peer view anchored to exact figures so Happy Steels Stock Analysis stays grounded in the data.
Why Investors Are Watching Happy Steels
- Happy Steels Share Price fell 8.64% today to Rs 83.05 from a previous close of Rs 90.90.
- The day’s open was Rs 86.85, the high was Rs 92.50 and the low was Rs 82.50.
- Market capitalisation stood at Rs 129.86 crore and the company is classified as Micro Cap.
- P/E is 18.28, P/B is 2.97, ROE is 19.49% and ROCE is 15.75%.
- In the Auto Ancillary industry, the company’s P/E is below the benchmark median of 24.16.
About Happy Steels
Happy Steels is part of the Automobile & Ancillaries sector and the Auto Ancillary industry. The supplied company description is to this classification, so the factual profile remains focused on the listed sector context and the market data around Happy Steels Share Price. Univest is keeping the company overview aligned to the verified fields only, which is important for a neutral stock news note. In practical terms, Happy Steels Stock News today is being read through its market cap, valuation and peer framework rather than through an expanded business narrative. That keeps the article faithful to the available data and useful for readers searching Happy Steels Share Price, Happy Steels Share Price Today and Happy Steels Share News in one place.
Track Happy Steels Share Price on Univest
Use Happy Steels (HAPPY-SM) live share-price page,Univest top decliners screener,Univest market blogs to review live stock data, top decliners and related market analysis.
You can track Happy Steels Share Price on Univest for live price updates, financial ratios, shareholding pattern, 52-week levels and market insights. Univest also presents Happy Steels Stock Analysis, Happy Steels Fundamental Analysis and sector context in one place, making it easier to review the stock after today’s decline.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did Happy Steels Share Price fall today?
Ans. The supplied data confirms that Happy Steels Share Price fell 8.64% to Rs 83.05, but it does not establish a company-specific catalyst. The move is best read through the verified price action and valuation figures.
What is Happy Steels Share Price Today?
Ans. Happy Steels Share Price Today is Rs 83.05. It was down from the previous close of Rs 90.90, with a day change of Rs -7.85 and a day change percent of -8.64%.
What is the market capitalisation of Happy Steels?
Ans. Happy Steels has a market capitalisation of Rs 129.86 crore and is classified as Micro Cap. That company-size context is factual and useful when reading the day’s share price decline.
How did Happy Steels trade during the day?
Ans. Happy Steels opened at Rs 86.85, hit a high of Rs 92.50 and a low of Rs 82.50, before closing at Rs 83.05. Turnover for the day was Rs 0.98 crore.
What does Happy Steels Fundamental Analysis show?
Ans. Happy Steels Fundamental Analysis shows a P/E of 18.28, P/B of 2.97, ROE of 19.49%, ROCE of 15.75%, EPS of Rs 4.97 and book value of Rs 30.64 per share.
How does Happy Steels compare with the auto ancillary sector?
Ans. In the same industry benchmark of 112 companies, Happy Steels’ P/E of 18.28 is below the median of 24.16. Its ROE of 19.49% is above the median of 13.48%. The stock belongs to the Automobile & Ancillaries sector.
How does Happy Steels compare with peers?
Ans. Compared with peers such as Motherson, Bosch and UNO Minda, Happy Steels is much smaller in market cap and has a lower P/E than those peers. Its ROE is close to Bosch’s 19.33%.
Where can I track Happy Steels Share Price Live?
Ans. You can track Happy Steels Share Price Live on Univest, where the stock page brings together price updates, valuation ratios, shareholding pattern and other market insights in one place. The previous close was Rs 90.9.
What should readers monitor next for Happy Steels?
Ans. Readers should monitor future price action, any new company news, and updated financial results against the current figures. Today’s data shows the move clearly, but it does not assign a cause.