Highlights

• Hilton Metal Forging Limited surged around 19.96% in the latest session, reflecting a sharp rebound from recent lows.
• The stock remains below its 50-day Simple Moving Average near ₹21.89, indicating that the broader trend is still under pressure.
• Technical indicators suggest early momentum recovery, with RSI near 43.93 improving from weaker levels.

Shares of Hilton Metal Forging (NSE:HILTON) rose nearly 19.96% to trade near ₹17.25 as of March 25, 2026, marking a strong short-term rebound after a prolonged corrective phase. Despite this sharp move, the stock continues to trade below its 50-day Simple Moving Average of ₹21.89, highlighting that the broader trend remains weak. The overall price structure still reflects a downward bias with lower highs and lower lows, although the recent bounce suggests short-term stabilisation and potential recovery from oversold conditions.

Financial Performance Shows Stable Growth

Hilton Metal Forging Limited reported stable financial performance in Q3 FY26. Total income stood at ₹7,017.47 lakhs compared to ₹4,071.73 lakhs in the same quarter last year, reflecting strong year-on-year growth in revenue. Profit before tax came in at ₹137.25 lakhs versus ₹53.83 lakhs in Q3 FY25, indicating a significant improvement in operational profitability. Net profit stood at ₹141.61 lakhs compared to ₹45.43 lakhs last year, showing strong earnings growth. For the nine-month period, the company reported a profit after tax of ₹330.55 lakhs compared to ₹165.01 lakhs in the corresponding previous period, reflecting continued improvement in overall financial performance.

Revenue and Expense Trends

Revenue growth was supported by higher operational income, driven by stronger demand conditions compared to the previous year. On the expense side, total expenses rose to ₹6,880.22 lakhs from ₹4,017.90 lakhs in Q3 FY25, reflecting higher input and operational costs. However, strong revenue growth helped maintain profitability. Finance costs stood at ₹186.93 lakhs, slightly lower compared to the previous year, indicating relatively stable borrowing expenses. Depreciation and employee costs remained controlled, supporting overall margin stability.

Technical Setup Shows Early Recovery Signs

Hilton Metal Forging (NSE:HILTON) is currently trading near ₹17.25 as of March 25, 2026, rising around 19.96%, reflecting a sharp rebound from recent lows. Despite this recovery, the price remains below its 50-day Simple Moving Average near ₹21.89, indicating the broader trend is still under pressure.

The structure continues to show a downward bias, though the recent move highlights a rebound from oversold levels. The 14-day RSI near 43.93 suggests improving momentum. In the near term, support is placed around ₹13.00–₹10.00, while resistance is seen near ₹22.00–₹25.00, which may act as a near-term hurdle.

Source: TradingView

Outlook Hinges on Sustained Momentum

In the near term, the stock’s direction will depend on whether it can sustain above lower support zones and gradually move toward its 50-day moving average. Continued improvement in earnings stability and demand conditions may support recovery. However, a stronger trend reversal will require consistent buying interest and a breakout above key resistance levels.

Risk Factors to Watch

• Stock remains below its 50-day moving average, indicating weak broader trend.
• Higher expense base may pressure margins in future quarters.
• Resistance near ₹22–₹25 may restrict near-term upside.
• Sustaining momentum after a sharp rally remains uncertain.

FAQs

Why did Hilton Metal Forging shares rise today?

The stock gained nearly 19.96% due to strong short-term buying interest and recovery from oversold levels.

What is the key resistance level for Hilton Metal Forging?

Immediate resistance is placed in the ₹22–₹25 range.

How did Hilton Metal Forging perform in Q3 FY26?

The company reported strong revenue growth and improved profit compared to the previous year.