Hilton Metal Forging Ltd enters into MoU with AOI

Hilton Metal Forging Limited has entered into Memorandum of Understanding (MoU) with Arab Organization for Industrialization (AOI), a state-owned Company organized and existing under the laws of Arab Republic of Egypt, to explore the potential opportunities for collaboration in connection with (a) development and export of solid forged railway wheels for Egyptian National Railways (ENR); and (b) development and export of machinery products including but not limited to Stainless Steel Flanges for Engine Sector in Egypt.

Shares of Hilton Metal Forging Limited was last trading in BSE at Rs. 166.70 as compared to the previous close of Rs. 169.90. The total number of shares traded during the day was 380 in over 23 trades.

The stock hit an intraday high of Rs. 171.00 and intraday low of 166.55. The net turnover during the day was Rs. 63952.00.

Source : Equity Bulls

Keywords

HiltonMetalForging INE788H01017 MoU ArabOrganizationforIndustrialization