Hilton Metal Forging is locked in its upper circuit at RS. 66.26, rising by 3.15 points or 4.99% from its previous close of RS. 63.11 on the BSE.

The stock opened at RS. 66.25 and moved within a narrow range, touching a high of RS. 66.26 and a low of RS. 66.25. A total of 61,318 shares have been traded so far.

This BSE group 'T' stock with a face value of RS. 10 has touched a 52-week high of RS. 123.00 on January 6, 2025, and a 52-week low of RS. 51.50 on May 9, 2025. In the past week, the scrip has moved between RS. 77.50 and RS. 63.11. The current market capitalization of the company stands at RS. 171.94 crore.

Promoters hold 27.39% stake in the company, while institutional and non-institutional investors hold 0.18% and 72.43% respectively.

In a major development, Hilton Metal Forging has successfully manufactured a Railway Forged Wagon Wheel set, which has been duly inspected and approved by RITES. Each set comprises 2 forged wheels and 1 forged axle, with each coach or wagon requiring 4 such sets.

The company aims to meet the increasing demand from railway wagon manufacturers and reduce dependency on Chinese imports. In FY26, Hilton plans to produce over 3,000 Railway Forged Wagon Wheel sets, ramping up to over 12,000 sets in FY27 under the ‘Make in India’ initiative. The total installed capacity is targeted at 20,000 sets per annum.

Hilton Metal Forging (HMFL) is recognized as a technological leader in the forging industry, offering top-quality products and complete solutions for all forging needs.