HBL Engineering Shares Soar on ₹800 Crore KAVACH Order Win

• HBL Engineering shares surged nearly 4% after securing an ₹800.36 crore KAVACH order from Banaras Locomotive Works.
• The order is for the supply, testing, and commissioning of on-board KAVACH Version 4.0 equipment, an indigenous automatic train protection system.
• The contract, inclusive of 18% GST, needs to be executed within 12 months.
• This order reinforces HBL Engineering's leadership in railway safety and signalling solutions, aligning with increased railway capital expenditure.
• The company reported a more than threefold rise in Q3FY26 net profit to ₹217.69 crore, with revenue climbing to ₹863.65 crore.