{"id":323438,"date":"2026-10-22T12:14:17","date_gmt":"2026-10-22T06:44:17","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=323438"},"modified":"2026-10-22T12:14:17","modified_gmt":"2026-10-22T06:44:17","slug":"cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/","title":{"rendered":"3 Cranes and Loaders, Precision Forgings and Engine Power Stocks With a Strong Future Roadmap: Action Construction Equipment, Happy Forgings and Cummins India"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Action Construction Equipment, Happy Forgings and Cummins India: ROE of 14.2% to 27.9% and FY22 to FY26 revenue CAGR of 16.2% to 19.9%. Prices as of 21 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The three construction machinery and engine stocks to watch are Action Construction Equipment, Happy Forgings and Cummins India. Their return on equity ranges from 14.2% to 27.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 16.2% to 19.9%. Cummins India has the highest return on equity at 27.9%, while Action Construction Equipment has the fastest revenue growth at 19.9% a year. Prices are based on the 21 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Construction machinery and engine stocks let investors follow the makers of equipment that builds, moves and powers projects. Action Construction Equipment, Happy Forgings and Cummins India cover cranes and loaders, precision forgings and engine-based power systems.<\/p>\n<p>This list covers three construction machinery and engine stocks with complete current figures: Action Construction Equipment, Happy Forgings and Cummins India. Every figure comes from the latest reported financials and the 21 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#What_Are_Construction_Machinery_and_Engine_Stocks\" title=\"What Are Construction Machinery and Engine Stocks?\">What Are Construction Machinery and Engine Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#Construction_Machinery_and_Engine_Stocks_at_a_Glance\" title=\"Construction Machinery and Engine Stocks at a Glance\">Construction Machinery and Engine Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#Why_Do_Construction_Machinery_and_Engine_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Construction Machinery and Engine Stocks Have a Strong Roadmap in India?\">Why Do Construction Machinery and Engine Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#Why_Action_Construction_Equipment_Features_Among_These_Construction_Machinery_and_Engine_Stocks\" title=\"Why Action Construction Equipment Features Among These Construction Machinery and Engine Stocks\">Why Action Construction Equipment Features Among These Construction Machinery and Engine Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#Why_Happy_Forgings_Features_Among_These_Construction_Machinery_and_Engine_Stocks\" title=\"Why Happy Forgings Features Among These Construction Machinery and Engine Stocks\">Why Happy Forgings Features Among These Construction Machinery and Engine Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#Why_Cummins_India_Features_Among_These_Construction_Machinery_and_Engine_Stocks\" title=\"Why Cummins India Features Among These Construction Machinery and Engine Stocks\">Why Cummins India Features Among These Construction Machinery and Engine Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#Action_Construction_Equipment_vs_Happy_Forgings_vs_Cummins_India_on_Key_Financials\" title=\"Action Construction Equipment vs Happy Forgings vs Cummins India on Key Financials\">Action Construction Equipment vs Happy Forgings vs Cummins India on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#Key_Risks_to_Check_Before_Investing_in_Construction_Machinery_and_Engine_Stocks\" title=\"Key Risks to Check Before Investing in Construction Machinery and Engine Stocks\">Key Risks to Check Before Investing in Construction Machinery and Engine Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#Final_Thoughts_on_Construction_Machinery_and_Engine_Stocks\" title=\"Final Thoughts on Construction Machinery and Engine Stocks\">Final Thoughts on Construction Machinery and Engine Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#What_are_construction_machinery_and_engine_stocks\" title=\"What are construction machinery and engine stocks?\">What are construction machinery and engine stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#Which_construction_machinery_and_engine_stocks_are_covered_in_this_list\" title=\"Which construction machinery and engine stocks are covered in this list?\">Which construction machinery and engine stocks are covered in this list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#Why_do_construction_machinery_and_engine_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do construction machinery and engine stocks have a strong future roadmap in India?\">Why do construction machinery and engine stocks have a strong future roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#How_has_Action_Construction_Equipment_performed_financially\" title=\"How has Action Construction Equipment performed financially?\">How has Action Construction Equipment performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#How_has_Happy_Forgings_performed_financially\" title=\"How has Happy Forgings performed financially?\">How has Happy Forgings performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#How_has_Cummins_India_performed_financially\" title=\"How has Cummins India performed financially?\">How has Cummins India performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#What_risks_should_investors_check_before_buying_construction_machinery_and_engine_stocks\" title=\"What risks should investors check before buying construction machinery and engine stocks?\">What risks should investors check before buying construction machinery and engine stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/cranes-and-loaders-precision-forgings-and-engine-power-stocks-roadmap-meridian-list\/#Is_this_list_of_construction_machinery_and_engine_stocks_investment_advice\" title=\"Is this list of construction machinery and engine stocks investment advice?\">Is this list of construction machinery and engine stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Construction_Machinery_and_Engine_Stocks\"><\/span><strong>What Are Construction Machinery and Engine Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Construction machinery and engine stocks are listed companies that make cranes, forged components, engines and generator sets. Their earnings depend on infrastructure spending, vehicle and industrial output and export orders.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Construction_Machinery_and_Engine_Stocks_at_a_Glance\"><\/span><strong>Construction Machinery and Engine Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE (%)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">D\/E<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/ace\/action-construction-equipment-ltd-share-price-today\">Action Construction Equipment<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,074.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13,204<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">30.2<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">44.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/happyforge\/happy-forgings-ltd-share-price-today\">Happy Forgings<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,825.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17,630<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">53.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">50.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.2<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.15<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/cumminsind\/cummins-india-ltd-share-price-today\">Cummins India<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,440<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">127,515<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">53.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">44.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">27.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, Action Construction Equipment trades at a P\/E below the industry P\/E, while Happy Forgings and Cummins India trade above it, which reflects the growth the market already expects. Readers comparing construction machinery and engine stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain. With the Q2 FY27 results season close, investors in construction machinery and engine stocks can use the coming numbers to test whether growth is holding.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Construction_Machinery_and_Engine_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Construction Machinery and Engine Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Construction machinery and engine stocks have a strong roadmap in India because infrastructure spending, rising demand for backup and data centre power and local sourcing of components are lifting orders.<\/p>\n<ul>\n<li><strong>Infrastructure spending.<\/strong> Roads, ports and buildings need cranes and loaders.<\/li>\n<li><strong>Power needs.<\/strong> Data centres and factories need reliable engine-based power.<\/li>\n<li><strong>Local sourcing.<\/strong> Global makers are buying more forged parts from India.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Action_Construction_Equipment_Features_Among_These_Construction_Machinery_and_Engine_Stocks\"><\/span><strong>Why Action Construction Equipment Features Among These Construction Machinery and Engine Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the construction machinery and engine stocks on this list, Action Construction Equipment is a Haryana-based maker of cranes, backhoe loaders, aerial work platforms and other material-handling and construction machinery.<\/p>\n<p>In the June 2026 quarter, revenue grew 19.5% year on year to Rs 840 crore, while net profit rose 22.3% to Rs 119 crore. Revenue rose from Rs 1,640 crore in FY22 to Rs 3,390 crore in FY26, a compound annual growth rate of 19.9%.<\/p>\n<p>Net profit grew from Rs 105 crore in FY22 to Rs 415 crore in FY26, which works out to a compound annual growth rate of 41.0%. The company has a return on equity of 20.6%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 13,204 crore. The stock trades at a P\/E of 30.2, below the industry P\/E of 44.4.<\/p>\n<p><strong>Roadmap:<\/strong> Infrastructure spending, rail and port projects and a growing share of exports support demand for its cranes and construction machines. The company also benefits from its widespread dealer network, which gives it reach across India.<\/p>\n<p><strong>What to watch:<\/strong> Follow government infrastructure spending and monsoon-linked construction activity.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Happy_Forgings_Features_Among_These_Construction_Machinery_and_Engine_Stocks\"><\/span><strong>Why Happy Forgings Features Among These Construction Machinery and Engine Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the crane and forging shares on this list, Happy Forgings is a Ludhiana-based maker of forged and machined components for engines, transmissions and axles, selling to commercial vehicle, off-highway, farm and industrial customers.<\/p>\n<p>The company has a return on equity of 14.2%, a debt to equity ratio of 0.15 and a market capitalisation of Rs 17,630 crore. The stock trades at a P\/E of 53.9, above the industry P\/E of 50.7.<\/p>\n<p>Revenue rose from Rs 866 crore in FY22 to Rs 1,577 crore in FY26, a compound annual growth rate of 16.2%. Net profit grew from Rs 142 crore in FY22 to Rs 302 crore in FY26, which works out to a compound annual growth rate of 20.7%. In the June 2026 quarter, revenue grew 26.5% year on year to Rs 460 crore, while net profit rose 39.2% to Rs 91.5 crore.<\/p>\n<p><strong>Roadmap:<\/strong> The company is adding machining capacity and widening its range to serve passenger vehicles, railways and aerospace, which reduces reliance on a single segment. Its focus on precision components supports long-term relationships with global customers.<\/p>\n<p><strong>What to watch:<\/strong> Monitor the pace of new capacity and the shift towards higher-value, fully machined parts.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Cummins_India_Features_Among_These_Construction_Machinery_and_Engine_Stocks\"><\/span><strong>Why Cummins India Features Among These Construction Machinery and Engine Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, Cummins India makes diesel and natural gas engines, generator sets, filtration products and power systems for infrastructure, data centres and industrial customers, and it also exports.<\/p>\n<p>Revenue rose from Rs 6,414 crore in FY22 to Rs 12,661 crore in FY26, a compound annual growth rate of 18.5%. Net profit grew from Rs 934 crore in FY22 to Rs 2,362 crore in FY26, which works out to a compound annual growth rate of 26.1%.<\/p>\n<p>In the June 2026 quarter, revenue grew 17.2% year on year to Rs 3,563 crore, while net profit rose 0.9% to Rs 609 crore. The company has a return on equity of 27.9%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 127,515 crore. The stock trades at a P\/E of 53.9, above the industry P\/E of 44.4.<\/p>\n<p><strong>Roadmap:<\/strong> The company benefits from demand for backup power at data centres, infrastructure projects and industrial plants, and it is widening its export base. A debt-free balance sheet supports capacity additions and new product lines.<\/p>\n<p><strong>What to watch:<\/strong> Track demand from data centres and new infrastructure and the growth of exports.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Action_Construction_Equipment_vs_Happy_Forgings_vs_Cummins_India_on_Key_Financials\"><\/span><strong>Action Construction Equipment vs Happy Forgings vs Cummins India on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three construction machinery and engine stocks side by side on revenue, profit and margin, using reported figures.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY22 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Revenue CAGR (FY22-FY26)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Action Construction Equipment<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,640<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,390<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.9%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">415<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Happy Forgings<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">866<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,577<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.2%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">302<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Cummins India<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,414<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12,661<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.5%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,362<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Cummins India posts the highest return on equity in this group at 27.9%. Cummins India has the largest FY26 revenue at Rs 12,661 crore, and Action Construction Equipment shows the fastest revenue growth with a 19.9% compound annual rate. A useful habit with construction machinery and engine stocks is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<p>The June 2026 quarter, the latest reported, gives a fresh read on momentum:<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Q1 FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Q1 FY27 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Year-on-Year Growth<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Action Construction Equipment<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">703<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">840<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Happy Forgings<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">364<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">460<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">26.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Cummins India<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,041<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,563<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.2%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Construction_Machinery_and_Engine_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Construction Machinery and Engine Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every theme carries risks that deserve a check before any decision. For these construction machinery and engine stocks, the main points are: Long-term crane and forging shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.<\/p>\n<ul>\n<li><strong>Cyclical demand.<\/strong> Equipment orders can move with construction activity.<\/li>\n<li><strong>Input costs.<\/strong> Steel prices can affect margins.<\/li>\n<li><strong>Valuation levels.<\/strong> Some of these companies trade at high earnings multiples, so growth must continue to justify them.<\/li>\n<\/ul>\n<p>Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Use the Univest Stock Screener<\/a><\/strong> to filter construction machinery and engine stocks by market capitalisation, P\/E, ROE and growth, and build your own shortlist.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Construction_Machinery_and_Engine_Stocks\"><\/span><strong>Final Thoughts on Construction Machinery and Engine Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Construction machinery and engine stocks reward investors who follow order books, volumes and margins together. Action Construction Equipment, Happy Forgings and Cummins India each have strong positions in their niches. Based on the 21 October 2026 close, Action Construction Equipment trades at Rs 1,074.6, Happy Forgings at Rs 1,825.7 and Cummins India at Rs 4,440. Valuation matters as much as growth, so compare each company&#8217;s P\/E with its industry P\/E before adding any of these construction machinery and engine stocks to a watchlist.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track construction machinery and engine stocks, set price alerts and get research-backed stock ideas.<\/em><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_are_construction_machinery_and_engine_stocks\"><\/span><strong>What are construction machinery and engine stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Construction machinery and engine stocks are listed companies that make cranes, forged components, engines and generator sets. Their earnings depend on infrastructure spending, vehicle and industrial output and export orders. This list looks at three of them, Action Construction Equipment, Happy Forgings and Cummins India, using reported FY22 to FY26 financials and the 21 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_construction_machinery_and_engine_stocks_are_covered_in_this_list\"><\/span><strong>Which construction machinery and engine stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Action Construction Equipment, Happy Forgings and Cummins India. Based on the 21 October 2026 close, Action Construction Equipment traded at Rs 1,074.6, Happy Forgings at Rs 1,825.7 and Cummins India at Rs 4,440. Their return on equity ranges from 14.2% to 27.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 16.2% to 19.9%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_construction_machinery_and_engine_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do construction machinery and engine stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Construction machinery and engine stocks have a strong roadmap in India because infrastructure spending, rising demand for backup and data centre power and local sourcing of components are lifting orders. The main drivers are as follows. Infrastructure spending. Roads, ports and buildings need cranes and loaders. Power needs. Data centres and factories need reliable engine-based power. Local sourcing. Global makers are buying more forged parts from India. Together these factors give the companies on this list a visible path for growth over the coming years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Action_Construction_Equipment_performed_financially\"><\/span><strong>How has Action Construction Equipment performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 1,640 crore in FY22 to Rs 3,390 crore in FY26, a compound annual growth rate of 19.9%. Net profit grew from Rs 105 crore in FY22 to Rs 415 crore in FY26, which works out to a compound annual growth rate of 41.0%. In the June 2026 quarter, revenue grew 19.5% year on year to Rs 840 crore, while net profit rose 22.3% to Rs 119 crore. The company has a return on equity of 20.6%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 13,204 crore. The stock trades at a P\/E of 30.2, below the industry P\/E of 44.4. Looking ahead, infrastructure spending, rail and port projects and a growing share of exports support demand for its cranes and construction machines. The company also benefits from its widespread dealer network, which gives it reach across India.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Happy_Forgings_performed_financially\"><\/span><strong>How has Happy Forgings performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 866 crore in FY22 to Rs 1,577 crore in FY26, a compound annual growth rate of 16.2%. Net profit grew from Rs 142 crore in FY22 to Rs 302 crore in FY26, which works out to a compound annual growth rate of 20.7%. In the June 2026 quarter, revenue grew 26.5% year on year to Rs 460 crore, while net profit rose 39.2% to Rs 91.5 crore. The company has a return on equity of 14.2%, a debt to equity ratio of 0.15 and a market capitalisation of Rs 17,630 crore. The stock trades at a P\/E of 53.9, above the industry P\/E of 50.7. Looking ahead, the company is adding machining capacity and widening its range to serve passenger vehicles, railways and aerospace, which reduces reliance on a single segment. Its focus on precision components supports long-term relationships with global customers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Cummins_India_performed_financially\"><\/span><strong>How has Cummins India performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 6,414 crore in FY22 to Rs 12,661 crore in FY26, a compound annual growth rate of 18.5%. Net profit grew from Rs 934 crore in FY22 to Rs 2,362 crore in FY26, which works out to a compound annual growth rate of 26.1%. In the June 2026 quarter, revenue grew 17.2% year on year to Rs 3,563 crore, while net profit rose 0.9% to Rs 609 crore. The company has a return on equity of 27.9%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 127,515 crore. The stock trades at a P\/E of 53.9, above the industry P\/E of 44.4. Looking ahead, the company benefits from demand for backup power at data centres, infrastructure projects and industrial plants, and it is widening its export base. A debt-free balance sheet supports capacity additions and new product lines.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_construction_machinery_and_engine_stocks\"><\/span><strong>What risks should investors check before buying construction machinery and engine stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying construction machinery and engine stocks. Cyclical demand. Equipment orders can move with construction activity. Input costs. Steel prices can affect margins. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_list_of_construction_machinery_and_engine_stocks_investment_advice\"><\/span><strong>Is this list of construction machinery and engine stocks investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational and uses publicly available data as of the 21 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are construction machinery and engine stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Construction machinery and engine stocks are listed companies that make cranes, forged components, engines and generator sets. Their earnings depend on infrastructure spending, vehicle and industrial output and export orders. This list looks at three of them, Action Construction Equipment, Happy Forgings and Cummins India, using reported FY22 to FY26 financials and the 21 October 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which construction machinery and engine stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers Action Construction Equipment, Happy Forgings and Cummins India. Based on the 21 October 2026 close, Action Construction Equipment traded at Rs 1,074.6, Happy Forgings at Rs 1,825.7 and Cummins India at Rs 4,440. Their return on equity ranges from 14.2% to 27.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 16.2% to 19.9%.\"}},{\"@type\":\"Question\",\"name\":\"Why do construction machinery and engine stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Construction machinery and engine stocks have a strong roadmap in India because infrastructure spending, rising demand for backup and data centre power and local sourcing of components are lifting orders. The main drivers are as follows. Infrastructure spending. Roads, ports and buildings need cranes and loaders. Power needs. Data centres and factories need reliable engine-based power. Local sourcing. Global makers are buying more forged parts from India. Together these factors give the companies on this list a visible path for growth over the coming years.\"}},{\"@type\":\"Question\",\"name\":\"How has Action Construction Equipment performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 1,640 crore in FY22 to Rs 3,390 crore in FY26, a compound annual growth rate of 19.9%. Net profit grew from Rs 105 crore in FY22 to Rs 415 crore in FY26, which works out to a compound annual growth rate of 41.0%. In the June 2026 quarter, revenue grew 19.5% year on year to Rs 840 crore, while net profit rose 22.3% to Rs 119 crore. The company has a return on equity of 20.6%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 13,204 crore. The stock trades at a P\/E of 30.2, below the industry P\/E of 44.4. Looking ahead, infrastructure spending, rail and port projects and a growing share of exports support demand for its cranes and construction machines. The company also benefits from its widespread dealer network, which gives it reach across India.\"}},{\"@type\":\"Question\",\"name\":\"How has Happy Forgings performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 866 crore in FY22 to Rs 1,577 crore in FY26, a compound annual growth rate of 16.2%. Net profit grew from Rs 142 crore in FY22 to Rs 302 crore in FY26, which works out to a compound annual growth rate of 20.7%. In the June 2026 quarter, revenue grew 26.5% year on year to Rs 460 crore, while net profit rose 39.2% to Rs 91.5 crore. The company has a return on equity of 14.2%, a debt to equity ratio of 0.15 and a market capitalisation of Rs 17,630 crore. The stock trades at a P\/E of 53.9, above the industry P\/E of 50.7. Looking ahead, the company is adding machining capacity and widening its range to serve passenger vehicles, railways and aerospace, which reduces reliance on a single segment. Its focus on precision components supports long-term relationships with global customers.\"}},{\"@type\":\"Question\",\"name\":\"How has Cummins India performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 6,414 crore in FY22 to Rs 12,661 crore in FY26, a compound annual growth rate of 18.5%. Net profit grew from Rs 934 crore in FY22 to Rs 2,362 crore in FY26, which works out to a compound annual growth rate of 26.1%. In the June 2026 quarter, revenue grew 17.2% year on year to Rs 3,563 crore, while net profit rose 0.9% to Rs 609 crore. The company has a return on equity of 27.9%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 127,515 crore. The stock trades at a P\/E of 53.9, above the industry P\/E of 44.4. Looking ahead, the company benefits from demand for backup power at data centres, infrastructure projects and industrial plants, and it is widening its export base. A debt-free balance sheet supports capacity additions and new product lines.\"}},{\"@type\":\"Question\",\"name\":\"What risks should investors check before buying construction machinery and engine stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors should check a few risks before buying construction machinery and engine stocks. Cyclical demand. Equipment orders can move with construction activity. Input costs. Steel prices can affect margins. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.\"}},{\"@type\":\"Question\",\"name\":\"Is this list of construction machinery and engine stocks investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. This article is educational and uses publicly available data as of the 21 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Construction Machinery and Engine Stocks with a strong future roadmap: Action Construction Equipment, Happy Forgings and Cummins India. Compare price, valuation, return on equity and revenue growth as of 21 October 2026.<\/p>\n","protected":false},"author":34,"featured_media":323437,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[729,3803,14601,14602,731,9221,14603],"class_list":["post-323438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-action-construction-equipment","tag-best-stocks","tag-construction-machinery-and-engine-stocks","tag-crane-and-forging-shares","tag-cummins-india","tag-happy-forgings","tag-power-generation-engine-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["323437"],"rank_math_title":["Construction Machinery and Engine Stocks to Watch"],"rank_math_description":["Compare 3 construction machinery and engine stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. Data as of 21 Oct 2026."],"rank_math_focus_keyword":["construction machinery and engine stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/3-cranes-and-loaders-precision-forgings-and-engine-power-stocks-with-a-strong.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/323438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=323438"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/323438\/revisions"}],"predecessor-version":[{"id":323439,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/323438\/revisions\/323439"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/323437"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=323438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=323438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=323438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}