StockWatch
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Investment Company
Business Update11 Jun 2026, 12:14 pm

Hiliks Technologies Bags ₹37.75 Cr Sub-Contract Order

AI Summary

Hiliks Technologies Ltd has secured a significant sub-contract order worth ₹37.75 Crores from Railone Projects Private Limited. The order is for Signaling and Telecommunication works related to the Motumari-Vishnupuram Doubling Project in Telangana and Andhra Pradesh. The execution period for this contract is 18 months. This new order boosts the company's cumulative pending orders to ₹70 Crores. The company confirmed that the contract is a direct order, not a related party transaction, and is with a domestic entity.

Key Highlights

  • Secured ₹37.75 Cr sub-contract for Signaling and Telecommunication works.
  • Order is for Motumari-Vishnupuram Doubling Project.
  • Execution timeline is 18 months.
  • Cumulative pending orders now stand at ₹70 Crores.
  • Contract is a direct, domestic order, not a related party transaction.