Happy Forgings Limited
Axis Mutual Fund entered Happy Forgings with 13,45,806 shares, representing a 1.43% stake worth ₹210.59 Cr.
An Indian manufacturer specializing in heavy forgings and high-precision machined components for demanding industrial applications. Happy Forgings designs and produces critical parts serving sectors including power generation, oil and gas, heavy machinery, and aerospace. The company operates integrated manufacturing facilities equipped with advanced forging, machining, and quality control capabilities, delivering customized solutions to both domestic and international clients since its establishment in 1979.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.