Hilton Metal Forging touches the roof on successfully manufacturing of Forged Railway Wagon Wheel set
Hilton Metal Forging is locked its upper circuit at Rs. 66.26, up by 3.15 points or 4.99% from its previous closing of Rs. 63.11 on the BSE.
The scrip opened at Rs. 66.25 and has touched a high and low of Rs. 66.26 and Rs. 66.25 respectively. So far 61318 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 123.00 on 06-Jan-2025 and a 52 week low of Rs. 51.50 on 09-May-2025.
Last one week high and low of the scrip stood at Rs. 77.50 and Rs. 63.11 respectively. The current market cap of the company is Rs. 171.94 crore.
The promoters holding in the company stood at 27.39%, while Institutions and Non-Institutions held 0.18% and 72.43% respectively.
Hilton Metal Forging has successfully Manufactured Railway Forged Wagon Wheel set. Railway Forged Wagon Wheel set has been duly inspected and approved by RITES. One Railway Forged Wagon Wheelset consists of 2 Forged wheels and 1 Forged Axle. Each Coach/ Wagon has 4 Wagon wheelset.
The company will cater to growing demand of the Railways Wagon manufacturers to meet shortfall of Railways Wagon wheelset in India and replace imports from China. FY26 Hilton Metal Forging has plans of manufacturing more than 3,000 Railway Forged Wagon Wheel set. FY27 plan to increase production to more than 12,000 Railway Forged Wagon Wheel set thus increasing the Railways business of Hilton Metal Forging under ‘Make in India’ initiative. Total installed capacity planned is 20,000 Railway Forged Wagon Wheel set/ annum.
Hilton Metal Forging (HMFL) is one of the technology leaders in the forging industry providing the highest quality products and services for a one stop solution to cater to all forging needs.
