HBL Engineering Limited receives KAVACH order worth Rs. 1522.40 crores

HBL Engineering Limited (Formerly HBL Power Systems Limited) has received an order worth Rs.1,522.40 Crores (plus applicable taxes extra) from "Chittaranjan Locomotive Works" for supply, Installation and Commissioning of on-Board Train Collision Avoidance System (TCAS) (KAVACH) equipment in 2,200 (Two thousand two hundred) locomotives.

Shares of HBL Engineering Limited was last trading in BSE at Rs. 695.35 as compared to the previous close of Rs. 671.40. The total number of shares traded during the day was 473762 in over 9859 trades.

The stock hit an intraday high of Rs. 698.00 and intraday low of 664.80. The net turnover during the day was Rs. 324967980.00.

Source : Equity Bulls

Keywords

HBLEngineering INE292B01021 OrderWin KAVACH TCAS