Happy Forgings (NSE:HAPPYFORGE) Volatility: 37.46% (As of Jun. 27, 2026)


NSE:HAPPYFORGE Happy Forgings Ltd NSE:HAPPYFORGE
48 GF Score
Price ₹1,509.30
! 6 Warning Signs
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What is Happy Forgings Volatility?

Happy Forgings NSE:HAPPYFORGE -1.28% 48 Volatility is 37.46% as of Jun. 27, 2026. GuruFocus rates NSE:HAPPYFORGE with a GF Score™ of 48/100. The stock has 6 warning signs investors should review.

Volatility is a statistical measure of the dispersion of returns for a given security or market index, it shows how the price swings around its mean. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year. In most cases, the higher the volatility, the riskier the security.

As of today (2026-06-27), Happy Forgings's Volatility is 37.46%.

Happy Forgings  (NSE:HAPPYFORGE) Volatility Explanation

Volatility is a statistical measure of the dispersion of returns for a given security or market index. It’s often measured as standard deviation or variance of historical returns over a certain period. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year.

Volatility reflects the uncertainty or risk of a security’s value. Generally speaking, a higher volatility suggests a higher risk, because it implies a wider fluctuation around average price. This means the price of the security can change dramatically in either direction within a short period. Conversely, a lower volatility means that the security's price is more steady, which suggests a lower risk.

Another measurement of relative volatility is Beta. Beta is a measure of systematic risk of a security or a portfolio in comparison to the market as a whole. Beta is usually compared to 1. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Happy Forgings Volatility Related Terms

NSE:HAPPYFORGE vs ATI, CRS, MLI: Volatility Comparison

For the Metal Fabrication subindustry, Happy Forgings's Volatility, along with its competitors' market caps and Volatility 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 Volatility vs Industrial Products Industry

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

* The bar in red indicates where Happy Forgings's Volatility falls into.


NSE:HAPPYFORGE
48GF Score
Happy Forgings Ltd NSE:HAPPYFORGE
Volatility is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Forgings  (NSE:HAPPYFORGE) Volatility Calculation

The annualized volatility is calculated as following:

σA=σM * √12
=√ 1/(n-1) ∑(Ri - R')^2 * √12

Where: σM is the monthly volatility, n is the number of months in the period, Ri is the security's historical monthly returns and R' is the arithmetic mean of monthly returns.

* 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.

Frequently Asked Questions Learn more about Volatility →
What does a Volatility of 37.46% mean?
Happy Forgings (NSE:HAPPYFORGE) has a Volatility of 37.46% as of Jun. 27, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Happy Forgings and its competitors.
Is Happy Forgings' Volatility too high?
Happy Forgings' current Volatility is 37.46%. Overall, Happy Forgings has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Happy Forgings' Volatility compare to ATI and CRS?
Happy Forgings' Volatility of 37.46% can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Volatility for an Industrial Products company?
A good Volatility depends on the Industrial Products industry context. However, Volatility should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Volatility mean?
A high Volatility can signal that a stock is expensive relative to its fundamentals. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on Happy Forgings and its competitors. Happy Forgings's current Volatility is 37.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Forgings stock overvalued right now?
Happy Forgings (NSE:HAPPYFORGE) has a current Volatility of 37.46%. The current Volatility is 37.46%. Happy Forgings' overall GF Score™ is 48/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Volatility calculated?
Volatility is calculated from a company's financial statements. For Happy Forgings (NSE:HAPPYFORGE), the current Volatility is 37.46% as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Happy Forgings Business Description

Other Exchanges 544057:India
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.
48GF Score

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Volatility is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,509.30
Price