HBL Engineering Limited (formerly HBL Power Systems Limited) witnessed a 5% surge in its share price, trading at ₹730 today, following a significant order announcement. The company secured a ₹1,522.40 crore order from Chittaranjan Locomotive Works for the supply, installation, and commissioning of the Train Collision Avoidance System (TCAS), branded as “KAVACH,” across 2,200 locomotives.
Key Highlights:
- Order Value: ₹1,522.40 crore (plus taxes)
- Client: Chittaranjan Locomotive Works
- Scope of Work: Supply, installation, and commissioning of KAVACH TCAS for 2,200 locomotives
- Completion Timeline: Within 12 months
- Related Party Interest: None
The company has seen strong momentum in its stock, gaining 6.97% over 5 days and 39.17% in 1 month, underscoring positive investor sentiment.
HBL Power Systems Share Price history
| Day | Open | Close | Change % |
|---|---|---|---|
|
Fri, Dec 13 2024
|
₹671.00
|
₹695.00
|
|
|
Thu, Dec 12 2024
|
₹682.00
|
₹670.80
|
-1.14%
|
|
Wed, Dec 11 2024
|
₹677.80
|
₹678.55
|
|
|
Tue, Dec 10 2024
|
₹677.75
|
₹672.20
|
-0.46%
|
|
Mon, Dec 9 2024
|
₹679.40
|
₹675.30
|
|
|
Fri, Dec 6 2024
|
₹631.05
|
₹674.50
|
|
|
Thu, Dec 5 2024
|
₹643.00
|
₹633.15
|
-1.38%
|
|
Wed, Dec 4 2024
|
₹627.00
|
₹642.00
|
|