HBL Engineering Ltd gets RDSO approval for Version 4 of Kavach Systems

HBL Engineering Limited (Formerly HBL Power Systems Limited) (HBL) has received approval from Research Designs and Standard Organization (RDSO) for Version 4.0 of the Kavach Systems. HBL is the first Company to receive this approval.

HBL can begin deliveries of Kavach System (Version 4.0) against total accumulated order book of Rs. 3,763.83 Crores. These contracts will be completed within 24 months.

Shares of HBL Engineering Limited was last trading in BSE at Rs. 569.35 as compared to the previous close of Rs. 506.45. The total number of shares traded during the day was 1285847 in over 20382 trades.

The stock hit an intraday high of Rs. 576.00 and intraday low of 506.45. The net turnover during the day was Rs. 719807734.00.

Source : Equity Bulls

Keywords

HBLEngineering INE292B01021 RDSO Approval KavachSystems Version4