HBL Engineering wins ₹54 crore railway order

HBL Engineering shares jumped in Tuesday’s trading session after the company received an order worth ₹54 cr.

The deets: the order comes from West Central Railway and is expected to be completed within 700 days. HBL Engineering will set up KAVACH, an anti-collision safety system, along 166 km of railway tracks in the Kota division.

The total number of stations included is 18 and 166 kms of station will be covered under this contract.

In other news, the company also reported strong Q1FY26 numbers, driven by higher revenues and lower expenses. The company’s net profit surged 79% YoY to ₹143.27 crore & revenue from operations climbed 15.7% YoY to ₹601.7 crore.