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An announcement from HBL Engineering Limited ( (IN:HBLENGINE) ) is now available.
HBL Engineering Limited has been awarded five contracts by the Central Railway for the provision of the Kavach system, covering 413 stations and 3,900 kilometers, valued at Rs. 762.56 Crores. This contract enhances HBL’s position in the railway safety sector, with a total contract value reaching Rs. 3,618 Crores for the year, indicating significant growth and potential impact on stakeholders.
More about HBL Engineering Limited
HBL Engineering Limited, formerly known as HBL Power Systems Limited, operates in the engineering industry with a focus on providing technological solutions. The company is involved in projects related to railway safety systems, such as the Kavach system, which is a significant part of its market offerings.
YTD Price Performance: -16.86%
Average Trading Volume: 216,383
Current Market Cap: 147.1B INR
See more data about HBLENGINE stock on TipRanks’ Stock Analysis page.