Hiliks Technologies’ stock witnessed a sharp rise, trading at Rs 63.62, up by Rs 10.60 or 19.99% from its previous close of Rs 53.02 on the BSE.
The stock opened at Rs 56.40 and touched an intraday high of Rs 63.62 and a low of Rs 53.00. Around 0.29 lakh shares have been traded so far on the counter.
The BSE ‘X’ group stock with a face value of Rs 10 recorded a 52-week high of Rs 122.70 on 30-Dec-2024 and a 52-week low of Rs 41.60 on 08-Apr-2025. Over the past week, the scrip’s high and low stood at Rs 63.62 and Rs 50.02 respectively. The company’s market capitalization currently stands at Rs 60.00 crore.
Promoters hold 5.67%, while Non-Institutional investors own 94.33% of the company’s shares.
The stock rally comes after Hiliks Technologies received a Sub-contract order worth Rs 33.39 crore from MSR-MEDIKONDA JV for comprehensive Signalling and Telecommunication works in connection with doubling of the track between Dornakal Junction and Bhadrachalam Road Station, covering the stretch from Km 14.10 to Km 35.420, including Electronic Interlocking and OFC Communications. The project is expected to be completed within 18 months.
Hiliks Technologies is recognized as one of the leading IT Managed Services Providers for top enterprises.