HBL Engineering moves up on securing LoA worth Rs 179.79 crore from BLW
The LoA is for the supply, testing and commissioning of On-board KAVACH equipment
HBL Engineering is currently trading at Rs. 669.90, up by 9.10 points or 1.38% from its previous closing of Rs. 660.80 on the BSE.
The scrip opened at Rs. 644.95 and has touched a high and low of Rs. 673.00 and Rs. 629.60 respectively. So far 130576 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1121.95 on 10-Nov-2025 and a 52 week low of Rs. 421.15 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 677.20 and Rs. 611.60 respectively. The current market cap of the company is Rs. 18267.15 crore.
The promoters holding in the company stood at 59.11%, while Institutions and Non-Institutions held 6.69% and 34.20% respectively.
HBL Engineering has secured a Letter of Acceptance (LoA) worth Rs 179.79 crore (inclusive of 18% GST) from Banaras Locomotive Warks (BLW), Varanasi. The LoA is for the supply, testing and commissioning of On-board KAVACH equipment (Ver.4.0). The contract is to be completed on or before February 15, 2027.
HBL Engineering (formerly HBL Power Systems) is the pioneer in the design, development and manufacture of specialized batteries and DC systems in India. It has more than 30 years of experience in the field of specialized batteries and DC power systems.

