HBL Engineering Ltd receives LoA for KAVACH equipment

Banaras Locomotive Works (BLW) has issued Letter of Acceptance to HBL for Supply, testing and commissioning of On-board KAVACH equipment (Ver.4.0) worth Rs.179.79 Crores (Inclusive of 18% GST).

The Contract is to be completed on or before February 15, 2027.

Shares of HBL Engineering Limited was last trading in BSE at Rs. 667.80 as compared to the previous close of Rs. 660.80. The total number of shares traded during the day was 146194 in over 6115 trades.

The stock hit an intraday high of Rs. 673.00 and intraday low of 629.60. The net turnover during the day was Rs. 94802013.00.

Source : Equity Bulls

Keywords

HBLEngineering INE292B01021 LoA KAVACH