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Happy Forgings secures order to supply E Axle components for Electric SUVs in US market

03 May 2024 Evaluate

Happy Forgings has obtained an order from a leading global manufacturer and supplier of automotive components to supply E Axle components for Electric SUVs in US Passenger Vehicle. Broad consideration or size of the order is around Rs 50 crore p.a. on fully ramped up supply volume and around Rs 320-350 crore for the entire period.

Happy Forgings is principally engaged in manufacturing of forgings and related components. 


Peers
Company Name CMP
Bharat Forge 1866.10
Ramkrishna Forgings 695.00
MM Forgings 568.15
Happy Forgings 2004.30
Balu Forge Inds. 488.50
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