2025-01-29 10:01:19 am | Source: Motilal Oswal Financial Services Ltd
Buy Happy Forgings Ltd For Target Rs. 1,195 by Motilal Oswal Financial Services Ltd

* Revenue is expected to grow ~5% YoY, mainly due to growth in industrial division and new orders in PVs.
* We expect EBITDA margin to largely remain stable QoQ at 29.2%.
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