HBL Engineering Shares Surge 8.2% on Multiple Order Wins, Which Was Posted on WOWNEWS24x7 on 31/3/2025 at 12:14 Hrs

HBL Engineering Limited has seen a significant boost in its stock price, rising by 8.2% following the announcement of multiple order wins. The company has been actively securing contracts for the implementation of the Kavach safety system across various railway divisions in India. Kavach is an advanced train collision avoidance system developed by the Research Design and Standards Organisation (RDSO) in collaboration with Indian industry partners. This technology is crucial for enhancing railway safety and preventing accidents. HBL Engineering's success in securing these orders reflects its growing presence in the Indian railway sector and its ability to capitalize on government initiatives aimed at modernizing and securing the rail network.

 

Source: Financial Express