While there could be some margin pressure due to rising input costs in the near term, the brokerage expect Happy Forgings to post a margin expansion to 33% over FY26-29, led by an improved mix, operating leverage benefits, and the benefit from solar power generation in the coming years.
While there could be some margin pressure due to rising input costs in the near term, the brokerage expect Happy Forgings to post a margin expansion to 33% over FY26-29, led by an improved mix, operating leverage benefits, and the benefit from solar power generation in the coming years.
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