{"id":346172,"date":"2026-11-13T12:29:34","date_gmt":"2026-11-13T06:59:34","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=346172"},"modified":"2026-11-13T12:29:34","modified_gmt":"2026-11-13T06:59:34","slug":"forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/","title":{"rendered":"3 Forgings Maker, Shrimp Feed Maker and Power Generation Company Stocks With a Strong Future Roadmap: Happy Forgings, Avanti Feeds and NTPC"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E84;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Happy Forgings, Avanti Feeds and NTPC: ROE of 13.3% to 18.4% and FY22 to FY26 revenue CAGR of 5.2% to 16.2%. Prices as of 12 Nov 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:#1F4E84;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The three forging, shrimp feed and power generation stocks to watch are Happy Forgings, Avanti Feeds and NTPC. Their return on equity ranges from 13.3% to 18.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.2% to 16.2%. Avanti Feeds has the highest return on equity at 18.4%, while Happy Forgings has the fastest revenue growth at 16.2% a year. Prices are based on the 12 November 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Forging, shrimp feed and power generation stocks bring together companies with a visible plan for the years ahead. Happy Forgings, Avanti Feeds and NTPC cover a forgings maker, a shrimp feed maker and a power generation company.<\/p>\n<p>This list covers three forging, shrimp feed and power generation stocks with complete current figures: Happy Forgings, Avanti Feeds and NTPC. Every figure comes from the latest reported financials and the 12 November 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=forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#What_Are_Forging_Shrimp_Feed_and_Power_Generation_Stocks\" title=\"What Are Forging, Shrimp Feed and Power Generation Stocks?\">What Are Forging, Shrimp Feed and Power Generation 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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#Forging_Shrimp_Feed_and_Power_Generation_Stocks_at_a_Glance\" title=\"Forging, Shrimp Feed and Power Generation Stocks at a Glance\">Forging, Shrimp Feed and Power Generation 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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#Why_Do_Forging_Shrimp_Feed_and_Power_Generation_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Forging, Shrimp Feed and Power Generation Stocks Have a Strong Roadmap in India?\">Why Do Forging, Shrimp Feed and Power Generation 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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#Why_Happy_Forgings_Features_Among_These_Forging_Shrimp_Feed_and_Power_Generation_Stocks\" title=\"Why Happy Forgings Features Among These Forging, Shrimp Feed and Power Generation Stocks\">Why Happy Forgings Features Among These Forging, Shrimp Feed and Power Generation 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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#Why_Avanti_Feeds_Features_Among_These_Forging_Shrimp_Feed_and_Power_Generation_Stocks\" title=\"Why Avanti Feeds Features Among These Forging, Shrimp Feed and Power Generation Stocks\">Why Avanti Feeds Features Among These Forging, Shrimp Feed and Power Generation 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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#Why_NTPC_Features_Among_These_Forging_Shrimp_Feed_and_Power_Generation_Stocks\" title=\"Why NTPC Features Among These Forging, Shrimp Feed and Power Generation Stocks\">Why NTPC Features Among These Forging, Shrimp Feed and Power Generation 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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#Happy_Forgings_vs_Avanti_Feeds_vs_NTPC_on_Key_Financials\" title=\"Happy Forgings vs Avanti Feeds vs NTPC on Key Financials\">Happy Forgings vs Avanti Feeds vs NTPC 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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#Key_Risks_to_Check_Before_Investing_in_Forging_Shrimp_Feed_and_Power_Generation_Stocks\" title=\"Key Risks to Check Before Investing in Forging, Shrimp Feed and Power Generation Stocks\">Key Risks to Check Before Investing in Forging, Shrimp Feed and Power Generation 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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#Final_Thoughts_on_Forging_Shrimp_Feed_and_Power_Generation_Stocks\" title=\"Final Thoughts on Forging, Shrimp Feed and Power Generation Stocks\">Final Thoughts on Forging, Shrimp Feed and Power Generation 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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#What_are_forging_shrimp_feed_and_power_generation_stocks\" title=\"What are forging, shrimp feed and power generation stocks?\">What are forging, shrimp feed and power generation 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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#Which_forging_shrimp_feed_and_power_generation_stocks_are_covered_in_this_list\" title=\"Which forging, shrimp feed and power generation stocks are covered in this list?\">Which forging, shrimp feed and power generation 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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#Why_do_forging_shrimp_feed_and_power_generation_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do forging, shrimp feed and power generation stocks have a strong future roadmap in India?\">Why do forging, shrimp feed and power generation 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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-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-14\" href=\"https:\/\/univest.in\/blogs-2\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#How_has_Avanti_Feeds_performed_financially\" title=\"How has Avanti Feeds performed financially?\">How has Avanti Feeds 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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#How_has_NTPC_performed_financially\" title=\"How has NTPC performed financially?\">How has NTPC 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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#What_risks_should_investors_check_before_buying_forging_shrimp_feed_and_power_generation_stocks\" title=\"What risks should investors check before buying forging, shrimp feed and power generation stocks?\">What risks should investors check before buying forging, shrimp feed and power generation 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\/forgings-maker-shrimp-feed-maker-and-power-generation-company-stocks-roadmap-tableland-list\/#Is_this_list_of_forging_shrimp_feed_and_power_generation_stocks_investment_advice\" title=\"Is this list of forging, shrimp feed and power generation stocks investment advice?\">Is this list of forging, shrimp feed and power generation stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Forging_Shrimp_Feed_and_Power_Generation_Stocks\"><\/span><strong>What Are Forging, Shrimp Feed and Power Generation Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Forging, shrimp feed and power generation stocks are listed companies that make precision forged and machined parts for vehicles and industry, make shrimp feed and process shrimp for export, and generate and sell electricity from thermal and renewable plants. Their earnings depend on engineering demand, seafood exports and power demand.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Forging_Shrimp_Feed_and_Power_Generation_Stocks_at_a_Glance\"><\/span><strong>Forging, Shrimp Feed and Power Generation 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\/happyforge\/happy-forgings-ltd-share-price-today\">Happy Forgings<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,881.1<\/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\/avantifeed\/avanti-feeds-ltd-share-price-today\">Avanti Feeds<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">762.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9,865<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">33.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.4<\/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\/ntpc\/ntpc-ltd-share-price-today\">NTPC<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">323<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">292,694<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1.33<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, Avanti Feeds and NTPC trade at a P\/E below the industry P\/E, while Happy Forgings trades above it, which reflects the growth the market already expects. Readers comparing forging, shrimp feed and power generation stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Forging_Shrimp_Feed_and_Power_Generation_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Forging, Shrimp Feed and Power Generation Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Forging, shrimp feed and power generation stocks have a strong roadmap in India because growing demand for engineered components, rising global shrimp consumption and steadily rising electricity use keep widening the market for these companies.<\/p>\n<ul>\n<li><strong>Forgings.<\/strong> Engines and machines need precise forged parts.<\/li>\n<li><strong>Shrimp feed.<\/strong> Aquaculture needs quality feed.<\/li>\n<li><strong>Power generation.<\/strong> Rising electricity use needs new capacity.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Happy_Forgings_Features_Among_These_Forging_Shrimp_Feed_and_Power_Generation_Stocks\"><\/span><strong>Why Happy Forgings Features Among These Forging, Shrimp Feed and Power Generation Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the forging, shrimp feed and power generation stocks 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>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. Revenue rose from Rs 866 crore in FY22 to Rs 1,577 crore in FY26, a compound annual growth rate of 16.2%.<\/p>\n<p>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%. 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><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_Avanti_Feeds_Features_Among_These_Forging_Shrimp_Feed_and_Power_Generation_Stocks\"><\/span><strong>Why Avanti Feeds Features Among These Forging, Shrimp Feed and Power Generation Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the crankshaft, aqua feed and thermal power shares on this list, Avanti Feeds, based in Hyderabad, makes shrimp feed and also processes and exports shrimp, serving aquaculture farmers across India.<\/p>\n<p>The company has a return on equity of 18.4%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 9,865 crore. The stock trades at a P\/E of 16.8, below the industry P\/E of 33.9.<\/p>\n<p>Revenue rose from Rs 5,118 crore in FY22 to Rs 6,276 crore in FY26, a compound annual growth rate of 5.2%. Net profit grew from Rs 245 crore in FY22 to Rs 656 crore in FY26, which works out to a compound annual growth rate of 27.9%. In the June 2026 quarter, revenue grew 18.7% year on year to Rs 1,966 crore.<\/p>\n<p><strong>Roadmap:<\/strong> India&#8217;s aquaculture sector is growing, and demand for quality feed rises with it. The company has a large share of the domestic shrimp feed market and is expanding its processing and exports.<\/p>\n<p><strong>What to watch:<\/strong> Follow export demand and shrimp farm cycles, which affect feed volumes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_NTPC_Features_Among_These_Forging_Shrimp_Feed_and_Power_Generation_Stocks\"><\/span><strong>Why NTPC Features Among These Forging, Shrimp Feed and Power Generation Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, NTPC is India&#8217;s largest power generation company, with thermal, hydro and renewable plants and a growing pipeline of green energy projects.<\/p>\n<p>Revenue rose from Rs 134,994 crore in FY22 to Rs 189,799 crore in FY26, a compound annual growth rate of 8.9%. Net profit grew from Rs 15,474 crore in FY22 to Rs 30,010 crore in FY26, which works out to a compound annual growth rate of 18.0%.<\/p>\n<p>In the June 2026 quarter, revenue grew 6.9% year on year to Rs 51,142 crore, while net profit rose 12.9% to Rs 6,896 crore. The company has a return on equity of 13.3%, a debt to equity ratio of 1.33 and a market capitalisation of Rs 292,694 crore. The stock trades at a P\/E of 10.3, below the industry P\/E of 21.3.<\/p>\n<p><strong>Roadmap:<\/strong> The company is adding thermal capacity to meet rising electricity demand while building a large renewable portfolio. Long-term power purchase agreements give it steady visibility.<\/p>\n<p><strong>What to watch:<\/strong> Follow capacity additions, renewable progress and plant availability.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Happy_Forgings_vs_Avanti_Feeds_vs_NTPC_on_Key_Financials\"><\/span><strong>Happy Forgings vs Avanti Feeds vs NTPC on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three forging, shrimp feed and power generation 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;\">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;\">Avanti Feeds<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,118<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,276<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5.2%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">656<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">NTPC<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">134,994<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">189,799<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.9%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">30,010<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Avanti Feeds posts the highest return on equity in this group at 18.4%. NTPC has the largest FY26 revenue at Rs 189,799 crore, and Happy Forgings shows the fastest revenue growth with a 16.2% compound annual rate. A useful habit with forging, shrimp feed and power generation 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;\">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;\">Avanti Feeds<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,656<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,966<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">NTPC<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">47,821<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">51,142<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Forging_Shrimp_Feed_and_Power_Generation_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Forging, Shrimp Feed and Power Generation 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 forging, shrimp feed and power generation stocks, the main points are: Long-term crankshaft, aqua feed and thermal power 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>Production cycles.<\/strong> Vehicle output can vary with demand.<\/li>\n<li><strong>Currency moves.<\/strong> Export earnings move with the rupee.<\/li>\n<li><strong>Fuel and power prices.<\/strong> Tariffs and fuel costs can influence earnings.<\/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 forging, shrimp feed and power generation 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_Forging_Shrimp_Feed_and_Power_Generation_Stocks\"><\/span><strong>Final Thoughts on Forging, Shrimp Feed and Power Generation Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Forging, shrimp feed and power generation stocks suit investors who prefer to study business strength before price moves. Happy Forgings, Avanti Feeds and NTPC each have a clear plan to grow. Based on the 12 November 2026 close, Happy Forgings trades at Rs 1,881.1, Avanti Feeds at Rs 762.9 and NTPC at Rs 323. Valuation matters as much as growth, so compare each company&#8217;s P\/E with its industry P\/E before adding any of these forging, shrimp feed and power generation 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 forging, shrimp feed and power generation 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_forging_shrimp_feed_and_power_generation_stocks\"><\/span><strong>What are forging, shrimp feed and power generation stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Forging, shrimp feed and power generation stocks are listed companies that make precision forged and machined parts for vehicles and industry, make shrimp feed and process shrimp for export, and generate and sell electricity from thermal and renewable plants. Their earnings depend on engineering demand, seafood exports and power demand. This list looks at three of them, Happy Forgings, Avanti Feeds and NTPC, using reported FY22 to FY26 financials and the 12 November 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_forging_shrimp_feed_and_power_generation_stocks_are_covered_in_this_list\"><\/span><strong>Which forging, shrimp feed and power generation stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Happy Forgings, Avanti Feeds and NTPC. Based on the 12 November 2026 close, Happy Forgings traded at Rs 1,881.1, Avanti Feeds at Rs 762.9 and NTPC at Rs 323. Their return on equity ranges from 13.3% to 18.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.2% to 16.2%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_forging_shrimp_feed_and_power_generation_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do forging, shrimp feed and power generation stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Forging, shrimp feed and power generation stocks have a strong roadmap in India because growing demand for engineered components, rising global shrimp consumption and steadily rising electricity use keep widening the market for these companies. The main drivers are as follows. Forgings. Engines and machines need precise forged parts. Shrimp feed. Aquaculture needs quality feed. Power generation. Rising electricity use needs new capacity. 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_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_Avanti_Feeds_performed_financially\"><\/span><strong>How has Avanti Feeds performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 5,118 crore in FY22 to Rs 6,276 crore in FY26, a compound annual growth rate of 5.2%. Net profit grew from Rs 245 crore in FY22 to Rs 656 crore in FY26, which works out to a compound annual growth rate of 27.9%. In the June 2026 quarter, revenue grew 18.7% year on year to Rs 1,966 crore. The company has a return on equity of 18.4%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 9,865 crore. The stock trades at a P\/E of 16.8, below the industry P\/E of 33.9. Looking ahead, india&#8217;s aquaculture sector is growing, and demand for quality feed rises with it. The company has a large share of the domestic shrimp feed market and is expanding its processing and exports.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_NTPC_performed_financially\"><\/span><strong>How has NTPC performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 134,994 crore in FY22 to Rs 189,799 crore in FY26, a compound annual growth rate of 8.9%. Net profit grew from Rs 15,474 crore in FY22 to Rs 30,010 crore in FY26, which works out to a compound annual growth rate of 18.0%. In the June 2026 quarter, revenue grew 6.9% year on year to Rs 51,142 crore, while net profit rose 12.9% to Rs 6,896 crore. The company has a return on equity of 13.3%, a debt to equity ratio of 1.33 and a market capitalisation of Rs 292,694 crore. The stock trades at a P\/E of 10.3, below the industry P\/E of 21.3. Looking ahead, the company is adding thermal capacity to meet rising electricity demand while building a large renewable portfolio. Long-term power purchase agreements give it steady visibility.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_forging_shrimp_feed_and_power_generation_stocks\"><\/span><strong>What risks should investors check before buying forging, shrimp feed and power generation stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying forging, shrimp feed and power generation stocks. Production cycles. Vehicle output can vary with demand. Currency moves. Export earnings move with the rupee. Fuel and power prices. Tariffs and fuel costs can influence earnings. 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_forging_shrimp_feed_and_power_generation_stocks_investment_advice\"><\/span><strong>Is this list of forging, shrimp feed and power generation 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 12 November 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 forging, shrimp feed and power generation stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Forging, shrimp feed and power generation stocks are listed companies that make precision forged and machined parts for vehicles and industry, make shrimp feed and process shrimp for export, and generate and sell electricity from thermal and renewable plants. Their earnings depend on engineering demand, seafood exports and power demand. This list looks at three of them, Happy Forgings, Avanti Feeds and NTPC, using reported FY22 to FY26 financials and the 12 November 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which forging, shrimp feed and power generation stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers Happy Forgings, Avanti Feeds and NTPC. Based on the 12 November 2026 close, Happy Forgings traded at Rs 1,881.1, Avanti Feeds at Rs 762.9 and NTPC at Rs 323. Their return on equity ranges from 13.3% to 18.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.2% to 16.2%.\"}},{\"@type\":\"Question\",\"name\":\"Why do forging, shrimp feed and power generation stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Forging, shrimp feed and power generation stocks have a strong roadmap in India because growing demand for engineered components, rising global shrimp consumption and steadily rising electricity use keep widening the market for these companies. The main drivers are as follows. Forgings. Engines and machines need precise forged parts. Shrimp feed. Aquaculture needs quality feed. Power generation. Rising electricity use needs new capacity. Together these factors give the companies on this list a visible path for growth over the coming years.\"}},{\"@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 Avanti Feeds performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 5,118 crore in FY22 to Rs 6,276 crore in FY26, a compound annual growth rate of 5.2%. Net profit grew from Rs 245 crore in FY22 to Rs 656 crore in FY26, which works out to a compound annual growth rate of 27.9%. In the June 2026 quarter, revenue grew 18.7% year on year to Rs 1,966 crore. The company has a return on equity of 18.4%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 9,865 crore. The stock trades at a P\/E of 16.8, below the industry P\/E of 33.9. Looking ahead, india's aquaculture sector is growing, and demand for quality feed rises with it. The company has a large share of the domestic shrimp feed market and is expanding its processing and exports.\"}},{\"@type\":\"Question\",\"name\":\"How has NTPC performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 134,994 crore in FY22 to Rs 189,799 crore in FY26, a compound annual growth rate of 8.9%. Net profit grew from Rs 15,474 crore in FY22 to Rs 30,010 crore in FY26, which works out to a compound annual growth rate of 18.0%. In the June 2026 quarter, revenue grew 6.9% year on year to Rs 51,142 crore, while net profit rose 12.9% to Rs 6,896 crore. The company has a return on equity of 13.3%, a debt to equity ratio of 1.33 and a market capitalisation of Rs 292,694 crore. The stock trades at a P\/E of 10.3, below the industry P\/E of 21.3. Looking ahead, the company is adding thermal capacity to meet rising electricity demand while building a large renewable portfolio. Long-term power purchase agreements give it steady visibility.\"}},{\"@type\":\"Question\",\"name\":\"What risks should investors check before buying forging, shrimp feed and power generation stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors should check a few risks before buying forging, shrimp feed and power generation stocks. Production cycles. Vehicle output can vary with demand. Currency moves. Export earnings move with the rupee. Fuel and power prices. Tariffs and fuel costs can influence earnings. 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 forging, shrimp feed and power generation stocks investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. This article is educational and uses publicly available data as of the 12 November 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>Forging, Shrimp Feed and Power Generation Stocks with a strong future roadmap: Happy Forgings, Avanti Feeds and NTPC. Compare price, valuation, return on equity and revenue growth as of 12 November 2026.<\/p>\n","protected":false},"author":29,"featured_media":346171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[23434,23436,9507,3803,23433,15309,9221,7399,23435,23432],"class_list":["post-346172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-aqua-feed-and-thermal-power-shares","tag-aquaculture-and-electricity-stocks","tag-avanti-feeds","tag-best-stocks","tag-crankshaft","tag-forging","tag-happy-forgings","tag-ntpc","tag-precision-forgings","tag-shrimp-feed-and-power-generation-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["346171"],"rank_math_title":["Forging, Shrimp Feed and Power Stocks"],"rank_math_description":["Compare 3 forging, shrimp feed and power generation stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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