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Engaged Employer
Happy Forging
3.9
based on 109 Reviews
Company Overview
Company Locations
Working at Happy Forging
Company Summary
Happy Forgings Limited specializes in the automotive component manufacturing sector, providing advanced forged products while maintaining high-quality standards in production.
Overall Rating
3.9/5
based on 109 reviews
3% above
industry average
Highly rated for
Job security
Work Policy
Work from office
85% employees reported
Monday to Saturday
85% employees reported
Strict timing
53% employees reported
No travel
65% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
5 employees reported
Health insurance
4 employees reported
Free meal
2 employees reported
Office cab/shuttle
1 employee reported
View all benefits
About Happy Forging
Founded in1979 (46 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersLudhiana, India
Office Locations
--
Websitehappyforgingsltd.com
Primary Industry
Other Industries
Happy Forgings Limited is a leading and technologically advanced auto component manufacturer serving the forging industry for the last 3 decades. It is one of the largest full service company supplying forged engine and drive-line components. Also, it has been continuously taking pains to reach the highest quality by hiring highly qualified technically competent professionals.
Happy Forging Ratings
based on 109 reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
42
4
28
3
22
2
9
1
8
Category Ratings
3.9
Job security
3.6
Salary
3.6
Skill development
3.6
Work satisfaction
3.5
Company culture
3.5
Work-life balance
3.4
Promotions
Happy Forging is rated 3.9 out of 5 stars on AmbitionBox, based on 109 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Happy Forging Reviews
Top mentions in Happy Forging Reviews
+ 4 more
Compare Happy Forging with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.9/5 based on 109 reviews | 3.8/5 based on 3.1k reviews | 4.0/5 based on 3.9k reviews | 3.9/5 based on 1.8k reviews |
Highly Rated for | Job security | Job security Skill development Company culture | Job security Skill development | Skill development |
Critically Rated for | No critically rated category | Salary Promotions | No critically rated category | Promotions |
Primary Work Policy | Work from office 85% employees reported | Work from office 85% employees reported | Work from office 89% employees reported | Work from office 91% employees reported |
Rating by Women Employees | - no rating available | 3.9 Good rated by 143 women | 3.8 Good rated by 91 women | 3.9 Good rated by 63 women |
Rating by Men Employees | - no rating available | 3.8 Good rated by 2.9k men | 4.0 Good rated by 3.7k men | 3.9 Good rated by 1.7k men |
Job security | 3.9 Good | 4.2 Good | 4.0 Good | 3.7 Good |
View more
Happy Forging Salaries
Happy Forging salaries have received with an average score of 3.6 out of 5 by 109 employees.
Production Engineer
(39 salaries)
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₹2.4 L/yr - ₹5.5 L/yr
Quality Engineer
(37 salaries)
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₹1.5 L/yr - ₹3.6 L/yr
Senior Engineer
(26 salaries)
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₹3.1 L/yr - ₹6.2 L/yr
Electrical Maintenance Engineer
(16 salaries)
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₹3.3 L/yr - ₹5.4 L/yr
Electrical Engineer
(14 salaries)
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₹3.5 L/yr - ₹7 L/yr
Assistant Engineer
(13 salaries)
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₹2.3 L/yr - ₹4.2 L/yr
Maintenance Engineer
(13 salaries)
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₹3 L/yr - ₹5 L/yr
Deputy Manager
(10 salaries)
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₹5.4 L/yr - ₹9 L/yr
Executive Assistant
(9 salaries)
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₹2 L/yr - ₹3 L/yr
Quality Inspector
(9 salaries)
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₹1.4 L/yr - ₹2.5 L/yr
Happy Forging Jobs
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Happy Forging News
'Buy' Happy Forgings Maintains Motilal Oswal On Attractive Valuations, Sees 21% Upside
- Backed by new order wins and an improving mix, Motilal Oswal maintains a 'Buy' rating on Happy Forgings. The company is expected to post a 19% PAT CAGR over FY25-27.
- After the correction, Happy Forgings' valuations at 24.2 times FY26E and 20.7x FY27E appear attractive.
- Happy Forgings has strategically expanded into the non-auto space as part of its de-risking efforts.
- Subscribe to unlock exclusive benefits including access to stories, research reports, curated newsletters, and more.
Bloomberg Quint | 10 Mar, 2025
Stock Market Today: All You Need To Know Going Into Trade On Feb. 12
- The Indian equity benchmark indices, NSE Nifty 50 and BSE Sensex, closed lower with the Nifty down 1.32% and Sensex 1.31% lower.
- Asian stocks had a mixed day with Japan's Nikkei 225 up, while South Korea's Kospi and Australia's S&P/ASX 200 remained unchanged. Hang Seng futures declined.
- US stocks fluctuated, bond yields rose after Federal Reserve Chair Jerome Powell reiterated no rush to cut rates. S&P 500 and Dow Jones had little changes.
- Foreign portfolio investors were net sellers of Indian equities, while domestic institutional investors were net buyers.
- The rupee closed stronger against the US dollar on Tuesday.
- Earnings highlights post-market hours included results from companies like Birlasoft, Vodafone Idea, AstraZeneca Pharma India, Berger Paints, IRCTC, Time Technoplast, Technocraft Industries, NBCC (India), and more.
- Stocks to watch included TVS Motor Co., H.G. Infra Engineering, Hatsun Agro Product, Jupiter Wagons, BEML, Bharat Heavy Electricals, and Happy Forgings.
- IPO offerings mentioned were Ajax Engineering and Hexaware Technologies with details on subscription rates.
- Insider trading updates related to Paisalo Digital and GPT Infraprojects were reported, along with bulk deals in Sterling and Wilson Renewable Energy.
- Trading tweaks like price band changes, ex-dividend listings, and stocks moving in and out of short-term ASM framework were observed.
- F&O cues showed Nifty Feb futures down, options data, and securities in the ban period.
Bloomberg Quint | 12 Feb, 2025
SBI Mutual Fund Acquires 3.8% More Stake In Happy Forgings For Rs 341 Crore
- SBI Mutual Fund has acquired an additional 3.8% stake in Happy Forgings for Rs 341 crore.
- The shares were acquired at an average price of Rs 950 apiece.
- After the transaction, SBI Mutual Fund's holding in Happy Forgings has increased to 5.77%.
- Meanwhile, Business Excellence Trust III offloaded 4.2% stake in Happy Forgings for Rs 371 crore.
Bloomberg Quint | 25 Jan, 2025
Auto Expo 2025 — OEMs Focus On Clean Fuels: Motilal Oswal's Analysis
- At the Bharat Mobility Show, there was a strong focus on EVs and clean fuels among OEMs, both in the 2W and PV segments, as manufacturers work toward meeting the upcoming CAFÉ regulations.
- Motilal Oswal's top picks among auto OEMs are Maruti Suzuki, Hyundai, and M&M.
- Motilal Oswal also recommends Endurance, Samvardhana Motherson International, and Happy Forgings in auto ancillaries.
- The analysis highlights the industry's shift towards clean fuels and electric vehicles in response to the upcoming regulations.
Bloomberg Quint | 20 Jan, 2025
Happy Forgings to invest ₹650 crore in heavy component manufacturing
- Happy Forgings Limited (HFL) plans to invest ₹650 crore in heavy component manufacturing.
- The investment will focus on producing heavy forged and machined components for various sectors.
- The facility aims to address the growing demand for heavyweight components in non-automotive industrial segments.
- Happy Forgings aims to capture the demand for precision-engineered, large-sized components.
HinduBusinessLine | 6 Jan, 2025
Auto Q3 Results Preview – Maruti Suzuki, Hyundai Motor, Endurance Among Motilal Oswal's Top Picks; Here's Why
- Motilal Oswal Financial Services maintains a cautious stance on the auto sector due to muted demand outlook.
- Maruti Suzuki, Hyundai Motor, and Endurance are among Motilal Oswal's top picks.
- Motilal Oswal prefers Motherson International and Happy Forgings among ancillaries.
- Uncertainty in export demand adds to the cautious outlook for the auto sector.
Bloomberg Quint | 6 Jan, 2025
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Happy Forging FAQs
When was Happy Forging founded?
Happy Forging was founded in 1979. The company has been operating for 46 years primarily in the Auto Components sector.
Where is the Happy Forging headquarters located?
Happy Forging is headquartered in Ludhiana.
How many employees does Happy Forging have in India?
Happy Forging currently has more than 1,700+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Happy Forging based on the number of reviews submitted on AmbitionBox.
Does Happy Forging have good work-life balance?
Happy Forging has a Work-Life Balance Rating of 3.5 out of 5 based on 100+ employee reviews on AmbitionBox. 64% employees rated Happy Forging 4 or above, while 36% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Happy Forging reviews for more details
Is Happy Forging good for career growth?
Career growth at Happy Forging is rated as moderate, with a promotions and appraisal rating of 3.4. 36% employees rated Happy Forging 3 or below, while 64% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Happy Forging promotions/appraisals reviews for more detailed insights.
What are the pros of working in Happy Forging?
Working at Happy Forging offers several advantages that make it an appealing place for employees. The company is highly rated for job security, based on 100+ employee reviews on AmbitionBox.
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