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Happy Forgings Stock: price and insider trades · India

IN·Mcap ₹176.3BIndustrials

No insider purchase over the last 90 days. The latest, by PANKAJ KUMAR GOYAL, was filed 18 Mar 2026.

Insider Decl.
32
Thresholds
n/a
Buy Volume
€26,311
1 ops. · all time
Sell Volume
€459,110
29 ops. · all time

Who traded when

BuySale
Gurjinder Singh6 sales
Narinder Singh4 sales
Patwinder Singh4 sales
Mangesh Shantaram Purandare3 sales
Manisha3 sales
Pankaj Kumar Goyal1 buy2 sales

+5 other insiders

Analyst consensus: bullish or bearish?

Analysts rate Happy Forgings Buy (bullish), based on 7 analysts. Average price target: ₹2,047.43.

This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.

Fundamental score
Ranked 12,239 of 26,913 companies
53.8
score / 100
Value
30
Quality
78
FCF yld-0.1%
Earn yld1.8%
EV/EBITDA34.2x
ROE17%
Gross mgn48%
Net mgn21%
Debt/EBITDA0.7x
Pillars2/3

Transparent value + quality ranking, distinct from the insider signal.

Financial data

as of FY 2026

FY ended March 2026 · cache

₹1,867.55
Analyst consensus
7 analysts
Buy
₹1,493.00Target ₹2,047.43(+10%)₹2,450.00
Income statement
Revenue₹14.2B
Gross profit₹6.9B48% margin
EBITDA₹5B35% margin
Net income₹3B19.9% margin
Valuation
PER (trailing)54.1x
PER (forward)37.0x
P/Book8.3x
Beta0.88
Balance sheet & cash
Market cap₹176.3B
Total debt₹3.3B
Free Cash Flow-₹165.9M
Debt / Equity15%
Profitability & ownership
ROE15.2%
ROA9.9%
% insiders78.5%
% institutions15.2%
Last declaration on 28 September 2026
Declarations32 total
  • ◆
    Designated PersonExecutives
    51,870 INR7SEBI
    273 shares@ ₹190.000.0000% mcap4.5% of flowEquityESOPSEBI:3fa184a9b27215a8de1d4ab10519f193da807e94
  • ▼
    Designated PersonExecutives
    567,000 INR12SEBI
    270 shares@ ₹2,100.000.0003% mcap49.2% of flowEquityMarket SaleSEBI:cff1e676ed065332105358b0f3fbfb8c0b12cb03
  • ▼
    Designated PersonExecutives
    523,030 INR12SEBI
    271 shares@ ₹1,930.000.0003% mcap45.4% of flowEquityMarket SaleSEBI:33df093a537f9dd9444eb3510092b67a7f1f1026
  • ▼
    Designated PersonExecutives
    10,100 INR7SEBI
    5 shares@ ₹2,020.000.0000% mcap0.9% of flowEquityMarket SaleSEBI:191ea47327cd31a85437962fca41be82891c22f3
  • ▼
    Designated PersonExecutives
    57,914 INR7SEBI
    24 shares@ ₹2,413.100.0000% mcap0.5% of flowEquityMarket SaleSEBI:104b414538f23f61562d3a0e9082142c1c51ed10
  • ▼
    Designated PersonExecutives
    6M INR12SEBI
    2,500 shares@ ₹2,330.100.0029% mcap53.6% of flowEquityMarket SaleSEBI:0e41c25cc126000effdfea3407a69e340d60364c
  • ▼
    Designated PersonExecutives
    2M INR15SEBI
    864 shares@ ₹1,900.000.0008% mcap100.0% of flowEquityMarket SaleSEBI:cb807a675cd4d65f8975a0903e1f896554a9ad3f
  • ▼
    Designated PersonExecutives
    1M INR8SEBI
    500 shares@ ₹2,174.600.0005% mcap10.1% of flowEquityMarket SaleSEBI:19c4e46dc05705ead2c9e746e36c63e7bfcc348b
  • ▼
    Designated PersonExecutives
    179,910 INR8SEBI
    90 shares@ ₹1,999.000.0001% mcap12.6% of flowEquityMarket SaleSEBI:2e5b01a4df67e5085ef4e913e3a6d57a5033e7aa
  • ▼
    Designated PersonExecutives
    2M INR15SEBI
    862 shares@ ₹1,900.000.0008% mcap100.0% of flowEquityMarket SaleSEBI:74067232d96c170eef204771139d3e8e67c9f635
  • ▼
    Designated PersonExecutives
    8,040 INR7SEBI
    4 shares@ ₹2,010.000.0000% mcap0.6% of flowEquityMarket SaleSEBI:d27c3224c5821e5f810f64550f4f5c1149b433be
  • ▼
    Designated PersonExecutives
    1M INR14SEBI
    515 shares@ ₹1,961.000.0005% mcap70.7% of flowEquityMarket SaleSEBI:513530cabe34c0dd6cd4ee8709805989335b3ac1
  • ▼
    Designated PersonExecutives
    4M INR11SEBI
    2,000 shares@ ₹1,906.200.0019% mcap35.7% of flowEquityMarket SaleSEBI:8ac1ed8d5f52162240e290d656ed351df9d99aea
  • ▼
    Designated PersonExecutives
    2M INR15SEBI
    1,261 shares@ ₹1,924.700.0012% mcap100.0% of flowEquityMarket SaleSEBI:d4a948b926a05b1a5f31b0bd928f8ec9a8de2784
  • ▼
    Designated PersonExecutives
    833,898 INR7SEBI
    600 shares@ ₹1,389.800.0004% mcap51.3% of flowEquity SharesMarket SaleSEBI:7eb75f930feabdb14e9953a017cec9f0c44e846d
  • ▼
    Designated PersonExecutives
    226,825 INR4SEBI
    161 shares@ ₹1,408.900.0001% mcap16.1% of flowEquity SharesMarket SaleSEBI:03a0f0ef87f9ce289b3459f473732fbecae27888
  • ▼
    Designated PersonExecutives
    515,698 INR5SEBI
    380 shares@ ₹1,357.100.0002% mcap31.7% of flowEquity SharesMarket SaleSEBI:0093e45b19dd93e0f6f130143066407199d08070
  • ▼
    Designated PersonExecutives
    276,000 INR4SEBI
    200 shares@ ₹1,380.000.0001% mcap17.0% of flowEquity SharesMarket SaleSEBI:34b40542918f4b65e8e3f99f6d2a3794ffa5dc5d
  • ▼
    Designated PersonExecutives
    3M INR10SEBI
    2,000 shares@ ₹1,413.80100.0% of flowEquity SharesMarket SaleSEBI:e65a9e7a01678e2363a5c8231b9bfaa098a6b2c3
  • ▼
    Designated PersonExecutives
    1M INR10SEBI
    1,050 shares@ ₹1,370.60100.0% of flowEquity SharesMarket SaleSEBI:b4c50ae458e7d12af59c8f2a80b8042d7b6b1892
  • ▼
    Key Managerial PersonnelExecutives
    8M INR29SEBI
    5,982 shares@ ₹1,264.7357.8% of flowEquity SharesSEBI:80966fe751d63b2b3ddd6996b70917e2767457a1
  • ▼
    Key Managerial PersonnelExecutives
    3M INR25SEBI
    2,162 shares@ ₹1,267.140120.9% of flowEquity SharesSEBI:87fd8d87f709d2fc2f792ff4ddcbe976425ed02f
  • ▲
    Key Managerial PersonnelExecutives
    3M INR0SEBI
    2,162 shares@ ₹1,291.78421.3% of flowEquity SharesSEBI:4e24f73981661aaf218af0afc4b8db27ad6aa45b
    Canonical exit: 15 Jun 2026 (T+90)
  • ▼
    Employees/Designated EmployeesExecutives
    4M INR25SEBI
    3,000 shares@ ₹1,296.635100.0% of flowEquity SharesSEBI:2e272d3f4e8b1df82fe9b158cd127c005272aeab
  • ▼
    Employees/Designated EmployeesExecutives
    2M INR18SEBI
    1,500 shares@ ₹1,325.0038.7% of flowEquity SharesSEBI:4970b737b560383dc472da57dd3697690a727c92

25 of 32 declarations

About Happy Forgings

Sales dominate almost the whole Happy Forgings record: 29 sales worth EUR 459,110 in total, with a median of EUR 10,462, against a single purchase, EUR 26,311, made by Pankaj Kumar Goyal (Key Managerial Personnel) on March 17, 2026. The same day, this filer also sold EUR 71,276, the largest sale in the record. Purchases are only 3% of market trades.

The other largest sales are by Narinder Singh, Designated Person, with EUR 51,997 on August 21, 2026, and by Dnyaneshwar Turambekar, Employees/Designated Employees, with EUR 36,277 on February 20, 2026. Rajan Bhagat, Narinder Singh and Gurjinder Singh, all three Designated Persons, sign 4 filings each, almost all of them sales.

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This Indian industrial company, listed on the Bombay stock exchange and valued at INR 176.3 billion, is 78.5% held by its insiders. It entered the database recently: 32 filings from 14 filers between August 12, 2025 and September 28, 2026, that is 5 in 2025 and 27 in 2026, with 2 grants. Over the last twelve months there are 29 filings, 1 purchase and 26 sales. They come out on the day of the trade in median.

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