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The Captial Market (CapitalMarket.com) rating for Happy Forgings IPO is 46. Their analysis recommends May Subscribe for the IPO.
| Reviewer | Rating Score | Rating |
|---|---|---|
| Capital Market | 46 | May Subscribe |
[Dilip Davda] HFL is a leading and largest critical, complex and precision machined components for varied industries. It supplied its products to renowned global OEMs. The company posted steady growth in its top and bottom lines. Based on FY24 annualized earnings the issue appears reasonably priced. Investors may consider parking funds for the medium to long term rewards. Read detail review...
Happy Forgings Limited peer comparison with similar listed entities. (As on March 31, 2023)
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | Financial statements |
|---|---|---|---|---|---|---|
| ‘Happy Forgings Limited | 23.32 | 23.32 | 110.43 | 21.12 | Consolidated | |
| Bharat Forge Limited | 11.35 | 11.35 | 144.02 | 102.63 | 7.88 | Consolidated |
| Craftsman Automation Limited | 117.56 | 117.56 | 651.68 | 43.92 | 18.04 | Consolidated |
| Ramkrishna Forgings Limited | 15.52 | 15.43 | 82.67 | 49.36 | 18.77 | Consolidated |
| Sona BLW Precision Forgings Limited | 6.76 | 6.75 | 39.12 | 85.56 | 17.26 | Consolidated |
Notes for Listed Peers:
1. Basic EPS and Diluted EPS refer to the Basic EPS and Diluted EPS sourced from the financial statements of the respective company.
2. P/E Ratio has been computed based on the closing market price of equity shares on BSE on August 04, 2023 divided by the Diluted EPS provided.
3. Return on net worth (RoNW) is computed as profit for the year attributable to common shareholders of the parent divided by net worth (excluding non-controlling interest), as at March 31, 2023.
4. NAV per equity share has been computed as the net worth attributable to common shareholders (excluding non-controlling interest) divided by the total number of shares outstanding, as at March 31, 2023.
Happy Forgings IPO Reviews, analysis and views by popular members. Read Happy Forgings Ltd. IPO reviews by retail investors to find recommended ipo to buy.
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| No recommendation found. Be the first to post the recommendation. | |
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