Happy Forgings - Margin Beats Estimate, Led by Better Product Mix

105 Views12 Nov 2024 20:41

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Happy Forgings (HFL)’s 2QFY25 result was encouraging as it reported a healthy EBITDA margin of 29.2% (+190bp YoY, est. 28%) led by a higher mix of machining and industrial segment.

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Motilal Oswal

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Motilal Oswal Financial Services Limited

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