NSI Equity Snapshot

HAPPYFORGE Weekly Equity Report

HAPPY FORGINGS LIMITED

Interactive chart JSON snapshot
Latest Close 1,332 INR 12 Jun 2026
1W Return -4.0% latest completed week
4W Return -3.9% short-term follow-through
12W Return 5.3% quarterly tape
Trend Breadth 88.5% 46 of 52 weeks active
Volume Ratio 0.6x vs 13-week average
Company Brief

What the company does

Happy Forgings Limited manufactures and sells forgings and related components in India and internationally. The company offers crankshafts; differential cases; front axle beams and steering knuckles; railway parts, including camshafts, connecting rods, piston pins, spacers, and others; brake flanges and suspension brackets; transmission parts, such as shafts and spindles, crown wheels and pinions, rings, and connecting rods. It also offers windmill application products, including planet carrier, pinion shaft, and housing; oil and gas component, such as valve body; and bicycle pedals. It serves the original equipment manufacturers, manufacturers of commercial and passenger vehicles, farm equipment, …

Snapshot

What the weekly tape is saying

HAPPYFORGE closed the latest completed week at 1,332 INR. The 4-week return is -3.9% and the 12-week return is 5.3%. Trend Signal is active, Market Dynamics is 0.31. Setup signature: Balanced read with a 63/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 9.2%
Volume 0.6x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 94 Persistence of active Trend Signal over the last year and current streak.
Momentum 46 Blend of 4-week and 12-week follow-through.
Dynamics 50 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 100 Relative leadership and short-term RS change.
Volume 26 Participation compared with the 13-week volume baseline.
Risk Control 60 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
1,220 INR
Vs Trend Line
9.2%
Fair Value
1,050 INR
Vs Fair Value
26.9%
52W High
1,490 INR
52W Low
862.0 INR
Drawdown
-10.6%
Range Position
74.8%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -4.0%
4W -3.9%
12W 5.3%
26W 24.2%
52W 41.5%

Trend read

Active Streak
46 weeks
52W Active Weeks
46
52W Active Breadth
88.5%
Sector Scope
IN Industrials
Sector Rank
399 of 472
Sector Percentile
15.5%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
0.31
4W MD Change
-65.4%
Relative Strength
25.96
4W RS Change
-27.6%
Expectation
Positive
Probability
55.58%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
253.8K
13W Average
409.0K
52W Average
257.1K
Vs 13W
0.6x
Vs 52W
1.0x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
4.2%
52W Volatility
4.3%
Upside Weeks
32
Downside Weeks
20
Downside Breadth
38.5%
Avg Gain / Loss
3.2% / -3.1%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
NSI
Country
IN
Sector
Industrials
Industry
Metal Fabrication
Currency
INR
Market Cap
130.9B

Opportunity signals

  • Trend Signal is active with a 46-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.
  • Market Dynamics is positive on the latest completed week.

Risk signals

  • Latest weekly return ranks in the weaker part of its sector group.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 1,332 INR -4.0% 1,220 INR 1,050 INR 0.31 25.96 253.8K On
5 Jun 2026 1,388 INR 0.0% 1,210 INR 1,047 INR 0.55 33.75 606.9K On
29 May 2026 1,387 INR 0.6% 1,198 INR 1,045 INR 0.74 33.88 384.9K On
22 May 2026 1,378 INR -0.6% 1,185 INR 1,042 INR 0.85 33.21 1.1M On
15 May 2026 1,387 INR -3.9% 1,173 INR 1,039 INR 0.90 35.86 365.8K On
8 May 2026 1,444 INR 7.1% 1,159 INR 1,036 INR 0.89 39.88 557.1K On
1 May 2026 1,348 INR 2.0% 1,142 INR 1,033 INR 0.59 33.21 218.4K On
24 Apr 2026 1,322 INR -1.1% 1,128 INR 1,031 INR 0.34 32.66 516.1K On
17 Apr 2026 1,337 INR 3.1% 1,116 INR 1,028 INR 0.13 33.03 348.5K On
10 Apr 2026 1,296 INR 9.0% 1,103 INR 1,026 INR 0.15 31.93 293.3K On
3 Apr 2026 1,189 INR 0.8% 1,091 INR 1,023 INR 0.27 29.36 111.9K On
27 Mar 2026 1,179 INR -6.8% 1,081 INR 1,022 INR 0.56 28.85 224.2K On
20 Mar 2026 1,265 INR 4.0% 1,072 INR 1,021 INR 0.86 37.72 299.1K On
13 Mar 2026 1,217 INR -3.2% 1,061 INR 1,018 INR 1.00 33.53 323.6K On