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Happy Forgings (BOM:544057) Buyback Yield % : 0.00 (As of Dec. 15, 2024)


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What is Happy Forgings Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Happy Forgings's current buyback yield was 0.00%.


Happy Forgings Buyback Yield % Historical Data

The historical data trend for Happy Forgings's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Happy Forgings Buyback Yield % Chart

Happy Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Buyback Yield %
- - - -4.55

Happy Forgings Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Buyback Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Happy Forgings's Buyback Yield %

For the Metal Fabrication subindustry, Happy Forgings's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Happy Forgings's Buyback Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Happy Forgings's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Happy Forgings's Buyback Yield % falls into.



Happy Forgings Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Happy Forgings's Buyback Yield for the fiscal year that ended in Mar. 2024 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (0 + 3810.313) / 83668.081935
=-4.55%

Happy Forgings's annualized Buyback Yield for the quarter that ended in Sep. 2024 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (0 + 0) * 4 / 111783.53434
=0.00%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Sep. 2024) data.


Happy Forgings Buyback Yield % Related Terms

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Happy Forgings Business Description

Comparable Companies
Traded in Other Exchanges
Address
H.B 220, Post Office - Rajgarh, Village Dugri, Ludhiana, PB, IND, 141 421
Happy Forgings Ltd is a manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs, and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products, and valve bodies for different industries and customers. The Company business comprises only the Forging segment where the company sells forged products comprising of forgings and machined components for the automotive and industrial sectors. The company generates the majority of its revenue within India.

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