Him Teknoforge Ltd updates on expansion project

Him Teknoforge Limited had earlier announced about the setting up of a new forging plant at Pithampur, Madhya Pradesh through its subsidiary HimForge Rings LLP. The Board of Directors of the Company, at its meeting held on September 20, 2025, has decided that the said plant will now be set up directly by the Company itself, instead of through the subsidiary, as the Company now falls under the definition of an MSME.

The proposed project involves a capital expenditure of Rs. 51.75 crores, and the forging plant will be established by the Company at Pithampur, Dhar, Madhya Pradesh.

Shares of Him Teknoforge Ltd was last trading in BSE at Rs. 205.80 as compared to the previous close of Rs. 206.10. The total number of shares traded during the day was 9063 in over 107 trades.

The stock hit an intraday high of Rs. 209.75 and intraday low of 202.65. The net turnover during the day was Rs. 1867986.00.

Source : Equity Bulls

Keywords

HimTeknoforge INE705G01021 ExpansionProject Update