Mumbai, October 3 (Udaipur Kiran News): Shares of Hiliks Technologies soared 19.99% on Thursday to hit the upper circuit at ₹63.62 after the company announced it has received a sub-contract order worth ₹33.39 crore.
The order, awarded by MSR-MEDIKONDA JV, is for comprehensive signalling and telecommunication works related to the doubling of the railway track between Dornakal Junction and Bhadrachalam Road Station (from Km 14.10 to Km 35.420). The project includes Electronic Interlocking and OFC Communications and is expected to be completed within 18 months.
At the BSE, the stock opened at ₹56.40 and surged to an intraday high of ₹63.62, up from its previous close of ₹53.02. Around 29,000 shares were traded on the counter. The company’s market capitalization now stands at ₹60 crore.
Hiliks Technologies has a 52-week high of ₹122.70 (December 30, 2024) and a 52-week low of ₹41.60 (April 8, 2025).
Promoters hold 5.67%, while non-institutional investors own 94.33% of the company’s equity.
Hiliks Technologies is a leading IT Managed Services Provider, catering to major enterprises across industries and expanding its footprint into infrastructure and technology projects.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.