Brief: Happy Forgings Gets Order To Supply E Axle Components For Electric SUVs In US Passenger Vehicle Segment
02/05/2024 12:19
May 2 (Reuters) - Happy Forgings Ltd HAPY.NS :
* GETS AN ORDER TO SUPPLY E AXLE COMPONENTS FOR ELECTRIC
SUVS IN
US PASSENGER VEHICLE SEGMENT
* SUPPLIES TO COMMENCE FROM Q3FY25 UPTO FY2032
* SIZE OF ORDER AT APPROX 500 MILLION RUPEES/ANNUM ON FULLY
RAMPED
UP SUPPLY VOLUME AND APPROX 3.2-3.5 BILLION RUPEES FOR ENTIRE
PERIOD
Source text for Eikon: ID:nBSEjPVpS
Further company coverage: HAPY.NS
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Happy Forgings
See all newsBrief: Happy Forgings Sept-Quarter Consol Profit 734.4 Million Rupees
India's auto shares extend gains on hopes of demand boost from tax cuts
India's Happy Forgings rises; Motilal sees diversification offsetting core weakness
Brief: Happy Forgings Dec-Quarter Consol Profit 645.5 Mln Rupees
Brief: Happy Forgings Gets Order Worth 1.35-1.45 Billion Rupees