Hilton Metal Forging Ltd Share Price – NSE  /  BSE

Castings, Forgings & Fastners, Small Cap

Net profit of Hilton Metal Forging rose 68.80% to Rs 2.11 crore in the quarter ended December 2023 as against Rs 1.25 crore during the previous quarter ended December 2022. Sales rose 43.73% to Rs 41.74 crore in the quarter ended December 2023 as against Rs 29.04 crore during the previous quarter ended December 2022.

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Hilton Metal Forging will hold a meeting of the Board of Directors of the Company on 9 February 2024.

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Hilton Metal Forging has successfully developed a new line of business in early 2022 to cater to Indian Railways - Railway Forged Wagon Wheel.

Hilton Metal Forging has complete in-house facility of Forging, Machining, Heat Treatment and Lab Testing under one roof at our manufacturing facility spread across 5 acres at Wada, Maharashtra. The company had initiated development of Railway Forged Wagon wheel business in early 2022.

Railway Forged Wagon Wheel is a very Technical product which Hilton Metal Forging Limited has successfully demonstrated by successfully supplying more than 2000 Railway Forged Wagon Wheels and Rail Gear Blanks in the last 18 months.

Hilton Metal Forging supplies Railway Forged Wagon Wheel for the replacement market across various Indian Railway Workshops in India.

Hilton Metal Forging has installed capacity to manufacture 48000 Wheels annually. With the demonstrated quality and delivery, Railway Forged Wagon Wheel has been approved by the Third Party Inspection agency- RITES.

Hilton Metal Forgings with proven successful track record makes it a strong bidder for the Global Wheel Tender floated by Indian Railways. Hilton Metal Forging is also looking forward to bigger Railway Forged Wagon Wheel Orders in the near future through tender route. (Under Make In India Initiative)

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Oricon Enterprises Ltd, Aditya Birla Money Ltd, Kalyani Steels Ltd and Windlas Biotech Ltd are among the other gainers in the BSE's 'B' group today, 01 January 2024.

Hilton Metal Forging Ltd soared 16.73% to Rs 132.25 at 12:02 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 34325 shares were traded on the counter so far as against the average daily volumes of 18053 shares in the past one month.

Oricon Enterprises Ltd surged 15.57% to Rs 38.6. The stock was the second biggest gainer in 'B' group. On the BSE, 4.89 lakh shares were traded on the counter so far as against the average daily volumes of 52565 shares in the past one month.

Aditya Birla Money Ltd spiked 13.86% to Rs 117.9. The stock was the third biggest gainer in 'B' group. On the BSE, 1.33 lakh shares were traded on the counter so far as against the average daily volumes of 53471 shares in the past one month.

Kalyani Steels Ltd gained 13.19% to Rs 548.35. The stock was the fourth biggest gainer in 'B' group. On the BSE, 33663 shares were traded on the counter so far as against the average daily volumes of 12902 shares in the past one month.

Windlas Biotech Ltd rose 12.83% to Rs 483.1. The stock was the fifth biggest gainer in 'B' group. On the BSE, 29814 shares were traded on the counter so far as against the average daily volumes of 8241 shares in the past one month.

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