HAPPY FORGINGS LIMITED Peer Comparison
HAPPYFORGE · Capital Goods · Current price ₹2,413.3
Peers tracked
11
HAPPY FORGINGS LIMITED P/E
75.5x
Sector
Capital Goods
HAPPY FORGINGS LIMITED vs peers
| Company | Price | P/E | Market cap (Cr) |
|---|---|---|---|
| BHARAT FORGE LTD | ₹2,052.2 | 95.2x | 98,117 |
| AIA ENGINEERING LIMITED | ₹4,243.2 | 35.3x | 39,618 |
| PTC INDUSTRIES LIMITED | ₹22,755 | 258.1x | 34,164 |
| HAPPY FORGINGS LIMITED | ₹2,420.4 | 48.2x | 22,864 |
| CIE AUTOMOTIVE INDIA LTD | ₹390.85 | — | 14,831 |
| RAMKRISHNA FORGINGS LTD | ₹753.6 | 145.6x | 13,774 |
| KENNAMETAL INDIA LIMITED | ₹4,558.2 | 40.5x | 10,028 |
| BALU FORGE INDUSTRIES LTD | ₹621.9 | 22.0x | 7,540 |
| ELECTROSTEEL CASTINGS LTD | ₹83.83 | 30.0x | 5,181 |
| STEELCAST LIMITED | ₹339.85 | 35.0x | 3,446 |
| MM FORGINGS LTD | ₹657.45 | 20.7x | 3,167 |
HAPPY FORGINGS LIMITED versus its peers
HAPPY FORGINGS LIMITED operates in the Capital Goods space alongside 11 tracked peers. Comparing valuation multiples within a sector is far more meaningful than in isolation — a P/E of 75.5x may be cheap in one industry and expensive in another.
More on HAPPY FORGINGS LIMITED
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

