Happy Forgings (India) Today
| HAPPYFORGE | 1,083 17.20 1.61% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Happy Forgings is selling at 1082.80 as of the 24th of November 2024; that is 1.61 percent increase since the beginning of the trading day. The stock's open price was 1065.6. Happy Forgings has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Happy Forgings Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 2024. Click here to learn more.
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Happy Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Happy Forgings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Happy Forgings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Director | Narinder Juneja |
| Business Concentration | Industrials, Machinery, Metal Fabrication (View all Sectors) |
Happy Forgings Limited (HAPPYFORGE) is traded on National Stock Exchange of India in India and employs 3,017 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 113.47 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Happy Forgings's market, we take the total number of its shares issued and multiply it by Happy Forgings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Happy Forgings has 94.2 M outstanding shares.
Happy Forgings generates positive cash flow from operations, but has no cash available
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Ownership AllocationHappy Forgings Limited has a total of 94.2 Million outstanding shares. Happy Forgings retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 78.6 (percent) of Happy Forgings outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Happy Forgings Risk Profiles
Although Happy Forgings' alpha and beta are two of the key measurements used to evaluate Happy Forgings' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.06 | |||
| Standard Deviation | 1.56 | |||
| Variance | 2.44 | |||
| Risk Adjusted Performance | (0.07) |
Happy Stock Against Markets
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| All Next | Launch Module |
Other Information on Investing in Happy Stock
Happy Forgings financial ratios help investors to determine whether Happy Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Happy with respect to the benefits of owning Happy Forgings security.