Hilton Metal Forging receives tender from Railway Department; Stock surges 2.4%

21 Sep 2022 , 09:16 AM

Hilton Metal Forging Limited informed that it has participated in Tenders for supply of Railway Wheel to Railway Department of Wheel Monobloc – Rolled.

The company received tender in its favor and in addition to this the company already supplied two consignments of wheels & became one of the suppliers of this Railway Wheel requirement of Indian government.

Hilton Metal was recently awarded an order based out of a tender which was bid by the company on August 29, 2022 for Kalka-Shimla Jurisdiction of the Central Railways. The order for the same was released on September 14, 2022.

On Wednesday early morning trade, Hilton Metal Forging Ltd is currently trading at Rs82.60 per share up by Rs2.40 or 2.40% from its previous closing of Rs80.20 per share on the BSE.

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