Introduction:
Leading engineering firm has secured five contracts worth ₹762.56 crore from Central Railway for implementing the Kavach safety system. Covering 3,900 km across 413 stations, the project aims to enhance railway safety and will be completed in 18 months.
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Share price movement of HBL Engineering:
On March 28, 2025, HBL Engineering Ltd opened at ₹468.00, up 0.50% from its previous close of ₹465.65. The stock reached a high of ₹479.35 (1.54%) and a low of ₹462.85. By 4:00 PM, it traded at ₹472.15, a 1.40% increase, with a market cap of ₹13,087.76 crore.
HBL Engineering Secures ₹762.56 Crore Kavach Contracts:
HBL Engineering Limited has secured five contracts worth ₹762.56 crore from Central Railway for implementing the Kavach safety system. The contracts cover 3,900 km across 413 stations and will be completed within 18 months.
With this latest win, the total Kavach contracts secured by HBL Engineering during the year now stand at ₹3,618 crore. The project aligns with Indian Railways’ initiative to enhance safety through advanced train collision avoidance technology.
Recent news on HBL Engineering:
As of March 04, 2025, HBL Engineering Ltd received a ₹148.44 crore Letter of Acceptance from West Central Railway’s Bhopal Division for implementing Kavach in key railway sections, enhancing safety across the region’s rail network.
Stock performance of HBL Engineering for Period of 1 week, 6 months, and 1 year:
HBL Engineering Ltd delivered a -1.77% return over the past week, declining by 24.9% in the past six months. The stock gained 4.07% over the past year.
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Shareholding pattern of HBL Engineering:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 59.10% | 59.10% | 59.10% |
| FII | 5.20% | 4.90% | 4.70% |
| DII | 0% | 1.00% | 1.10% |
| Public | 35.30% | 35.00% | 35.20% |
About HBL Engineering:
HBL Engineering Ltd (NSE: HBLENGINE), incorporated in 1983, specializes in manufacturing and servicing various batteries, e-mobility solutions, and other products, catering to diverse industries with a strong focus on innovation and technological advancements.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
