Hilton Metal Forging Ltd successfully manufactures Forged Railway Wagon Wheel set

Hilton Metal Forging ltd has successfully Manufactured Railway Forged Wagon Wheelset. Railway Forged Wagon Wheelset has been duly inspected and approved by RITES. One Railway Forged Wagon Wheelset consists of 2 Forged wheels and 1 Forged Axle. Each Coach / Wagon has 4 Wagon wheelset. Hilton Metal Forging ltd will cater to growing demand of the Railways Wagon manufacturers to meet shortfall of Railways Wagon wheelset in India and replace imports from China. FY26 Hilton Metal Forging ltd has plans of manufacturing more than 3,000 Railway Forged Wagon Wheelset. FY27 plan to increase production to more than 12,000 Railway Forged Wagon Wheelset thus increasing the Railways business of Hilton Metal Forging ltd under "Make in India" initiative. Total installed capacity planned is 20,000 Railway Forged Wagon Wheelset / annum.

Govt of India has strong emphasis on increasing Freight transport movement through Railways network from current 27% to 45% by 2030 in India. With 98% of the Rail Route electrified and focus on Mission Raftaar, Indian Railways plans to increase speed of Freight Trains and Passenger Trains across length and Breadth of India and reduce travel time.

In the FY25 total 41,929 Freight Wagons (FY24 - Total 37,650 Freight Wagons) were made across all Wagon manufacturing factories in India, FY25 total 1,681 Locomotives (up 19% from FY24 - Total 1,472 Locomotives), FY25 total 7,134 Railway Passenger Coaches of different types (FY 24 - 6,541 Different types of Passenger Coaches) were manufactured in India.

Every year mix of around 90,000 Freight wagons, passenger coaches, Locomotives come up for Periodic Maintenance at round 44 Railways workshop across India. Annual Demand for New Railway wagon wheel set is around 1,70,000 numbers and new wheels demand is around 2,50,000 numbers. As Wagon, Coaches, Locomotives Production increases in India every year, demand for New Wagon Wheelset and New Wheels will increase every year in India.

Forged Railway Wagon Wheel set manufactured by Hilton Metal Forging ltd.

Shares of Hilton Metal Forging Limited was last trading in BSE at Rs. 63.11 as compared to the previous close of Rs. 66.43. The total number of shares traded during the day was 14507 in over 112 trades.

The stock hit an intraday high of Rs. 65.00 and intraday low of 63.11. The net turnover during the day was Rs. 920858.00.

Source : Equity Bulls

Keywords

HiltonMetalForging INE788H01017 ForgedRailwayWagonWheelSet