HBL Engineering shares rises over 3% as company bags order worth Rs 148 crore
The total cost of the project is Rs 148.44 crore, and it is scheduled to be completed within 540 days.
HBL Engineering shares rises over 3 as company bags order worth Rs 148 crore
HBL Engineering's stock rose by 2.30% to Rs 434.30 after the company announced that it received a letter of acceptance worth Rs 148 crore, addressed to the HBL Shivakriti Consortium from the Bhopal Division of West Central Railway.
The project involves the implementation of the KAVACH system in the Bina-Ittarsi-Jujharpur section, the BPL-SHRN section, and the UP and DN flyover track from Jujharpur to Powarkheda within the Bhopal Division of West Central Railway.
The total cost of the project is Rs 148.44 crore, and it is scheduled to be completed within 540 days.
HBL Power Systems activities comprise the manufacturing of different types of batteries, e-mobility, and other products. The group is also engaged in service activities related to the above products.
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