Hilton Metal Forging Limited (Hilton), one of India's leading manufacturer & Exporter of steel forged flanges, fittings & oilfield and marine products becomes the first company MSME to develop, receive Approval and supplied 100% indigenous Solid Forged Railway Wheels (Narrow Gauge). The Forged IR Bogies Railway Wheels are also being in demand due to short supply as pure import substitutes and the annual demand for wheels amounts to INR 300 Crore. These wheels are very complex to manufacture and there are very few players globally to develop these wheels. Commenting on this occasion Mr. Yuvraj Malhotra, Chairman & Managing Director of Hilton Metal Forging Limited said "Developing solid forged railway wheels is a very big achievement for us. We became the first Indian MSME company to do so. We have supplied our first consignment of wheels duly inspected and approved by "RITES" We are also developing an alternate source for the imports of LHB Wheels. It is the beginning of a new era not only for Hilton but also for Indian Railways as dependency on imported products end." Shares of Hilton Metal Forging Limited was last trading in BSE at Rs. 16.23 as compared to the previous close of Rs. 17.08. The total number of shares traded during the day was 138688 in over 202 trades. The stock hit an intraday high of Rs. 17.93 and intraday low of 16.23. The net turnover during the day was Rs. 2379195.00.

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