{"id":273389,"date":"2026-09-28T10:19:44","date_gmt":"2026-09-28T04:49:44","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=273389"},"modified":"2026-09-28T10:19:44","modified_gmt":"2026-09-28T04:49:44","slug":"happy-forgings-best-stock-in-its-sector","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/happy-forgings-best-stock-in-its-sector\/","title":{"rendered":"Is Happy Forgings the Best Stock in Its Sector? A Look at the Numbers"},"content":{"rendered":"

Happy Forgings CMP Rs 2,057 (28 Sep 2026). Market cap Rs 19,500 Cr. ROE 14.17%. P\/E 59.56x versus Industry P\/E 52.74x.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Happy Forgings is one of the names investors compare when screening the Automobile & Ancillaries sector, built on a 14.17% return on equity and a P\/E of 59.56x against an Industry P\/E of 52.74x. Whether Happy Forgings is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Automobile & Ancillaries sector peers, so you can judge that for yourself.<\/p>\n<\/p><\/div>\n

Is Happy Forgings<\/a> the best stock in its sector? The stock trades on the NSE at Rs 2,057 as of 28 September 2026, within its 52-week range of Rs 888.75 to Rs 2,470.00. Happy Forgings Ltd makes engineered forged and machined components such as crankshafts for commercial vehicle, off-highway and industrial customers.<\/p>\n

Happy Forgings sits in the Automobile & Ancillaries sector, and its 14.17% ROE and 59.56x P\/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P\/E benchmark.<\/p>\n

Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers<\/a><\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

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