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Happy Forgings Approves ₹500 Cr Capex for Capacity Expansion

📰 Stockwatch 🕐 1 min read 📅 November 5, 2026 👁 1 views
Happy Forgings Approves ₹500 Cr Capex for Capacity Expansion
Happy Forgings Ltd announced board approval for a significant capital expenditure of ₹500 crores to expand its existing forging and machining capacity. The company also disclosed its unaudited financial results for the quarter and half-year ended September 30, 2026. Revenue from operations for the quarter stood at ₹50,074.96 Lacs, with a profit before tax of ₹3,146.88 Lacs. For the half-year, revenue was ₹95,017.19 Lacs, and profit before tax was ₹6,017.79 Lacs. The expansion aims to bolster the company's manufacturing capabilities.
Read full article on Stockwatch

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