Multibagger Hiliks Technologies shares to be in focus on Friday after company secures Rs.95 crore order
New Delhi, June 18 -- Shares of Hiliks Technologies are likely to be in focus on June 19 after the company secured a Rs.95 crore order. In a regulatory filing on Thursday, the company said it had received a subcontract from KMC Constructions.
The contract pertains to signalling and telecommunication works related to the doubling of the railway track between Akanapet Junction and Medchal stations, including the implementation of the Kavach safety system on the South-Central Railway network in Telangana.
The subcontract is valued at Rs.95 crore, taking the company's total pending order book to Rs.165 crore. The project is scheduled to be executed within 24 months from the commencement date.
The company also clarified that neither its pro...
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