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Better margins, lower valuation than peers make Happy Forgings IPO a good bet

Better margins, lower valuation than peers make Happy Forgings IPO a good bet https://ift.tt/ONRELSe share of machined parts - a segment that enjoys higher realisation in forging - in the company's total volume has been consistently increasing and it has been able to source raw materials at a lower rate. This helped Happy Forgings enjoy the highest operating margin among peers.
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