India's Hilton Metal Forging slips as Q4 profit drops

Hilton Metal Forging

31/05/2024 09:29

** Shares of Hilton Metal Forging  HILT.NS  slide 4.7%
    ** Stock set to fall for second consecutive session and mark
worst week since March, if trend holds
    ** The steel forgings manufacturer posts 77.9% Y/Y fall in
Q4 profit
    ** Rev rises 10.33%, but is outpaced by expenses jumping
24.63%
    ** Stock up 0.8% YTD; it surged ~220% in 2022, its best year
since listing

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.das@thomsonreuters.com;))