HBL Engineering Limited receives LOA from West Central Railway for KAVACH

West Central Railway has issued letter of acceptance to HBL Engineering Limited for Survey, design, supply, installation, testing and commissioning of trackside KAVACH equipment at stations/LC Gates locations including erection of towers and associated works required for KAVACH in Kota-Ruthiyai section and Sogaria-Kota "C" Section (166 Rkm) of Kota division of West Central Railway.

The total value of the contract is Rs.54.12 Crores (inclusive of 18% GST)

The Contract has to be completed within 700 days.

Shares of HBL Engineering Limited was last trading in BSE at Rs. 683.55 as compared to the previous close of Rs. 598.25. The total number of shares traded during the day was 2292332 in over 41307 trades.

The stock hit an intraday high of Rs. 692.30 and intraday low of 646.05. The net turnover during the day was Rs. 1548300167.00.

Source : Equity Bulls

Keywords

HBLEngineering INE292B01021 LOA OrderWin