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HBL Engineering Secures Rs. 54.12 Crore Railway Contract

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HBL Engineering Secures Rs. 54.12 Crore Railway Contract

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The latest announcement is out from HBL Engineering Limited ( (IN:HBLENGINE) ).

HBL Engineering Limited has secured a significant contract valued at Rs. 54.12 Crores from the West Central Railway for the installation of KAVACH equipment across 166 kilometers of track in the Kota division. This contract, which is part of a larger order book totaling Rs. 4,083.17 Crores, is expected to enhance HBL’s market position in the railway infrastructure sector and demonstrates its capability in executing large-scale projects.

More about HBL Engineering Limited

HBL Engineering Limited, formerly known as HBL Power Systems Limited, operates in the engineering sector, focusing on the design, supply, and installation of advanced equipment and systems. The company is based in Hyderabad, India, and serves various sectors, including transportation and infrastructure.

Average Trading Volume: 133,405

Technical Sentiment Signal: Strong Buy

Current Market Cap: 165.8B INR

Learn more about HBLENGINE stock on TipRanks’ Stock Analysis page.

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