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Hilton Metal's board approved stock split in the ratio of 1:10
short by / on Friday, 31 May, 2024
Hilton Metal Forging shares rose 4% after the board approved 1:10 stock split, subject to regulatory and shareholder approvals. The proposal involves subdividing 1 equity share of ₹10 face value into 10 equity shares of ₹1 face value, as per the company filing. It manufactures steel forgings, flanges, & forged fittings for the oil and gas, petrochemical, and refinery industries.
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