HBL Engineering Ltd.HBLENGINE₹605.60 +2.75%

HBL Engineering Ltd. has received two Letters of Acceptance (LoA) from the South Central Railway over the weekend for contracts related to the deployment and upgradation of Kavach, the Indian Railways’ indigenous automatic train protection (ATP) system. 

The first order, valued at ₹132.95 crore, involves the provision of Kavach in the Vijayawada–Ballarshah section. According to the company’s exchange filing, the project covers 446 km of track, 48 stations, and 10 locomotives. The execution timeline for this contract is 18 months.

The second contract, worth ₹30.67 crore, is for the upgradation of Kavach from Version 3.2 to Version 4.0 in the Mudkhed (Including) – Manmad (Excluding) section. This upgradation spans 350 km of track and is expected to be completed over 24 months.

Following these two orders, HBL’s cumulative order book now stands at ₹4,029.05 crore, as per its latest disclosure to the exchanges.

Kavach is a critical safety technology developed to prevent train collisions by automatically controlling speed and braking systems. These orders reinforce HBL’s role as one of the key players in implementing this system across India’s railway network.

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Note: The stock price mentioned is as of 3:30 PM.

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