HBL Engineering Share Price Surges on Securing ₹800 Crore KAVACH Order

HBL Engineering Ltd said it has received a Letter of Acceptance from Banaras Locomotive Works (BLW), Varanasi, for an order worth ₹800.36 crore, including 18% GST.   The contract relates to the supply, testing and commissioning of on-board KAVACH equipment, version 4.0.  

BLW is a locomotive manufacturing unit of Indian Railways. The order has been awarded by a domestic entity as per the filing.  

Scope of Work 

The company said the contract involves supplying the KAVACH equipment and carrying out installation, testing and commissioning on locomotives. The total contract value stands at ₹800.36 crore, inclusive of taxes.  

According to the disclosure, the transaction is not a related-party deal. The company also stated that none of its promoters or group companies have any interest in the awarding entity.  

Execution Period 

The project is scheduled to be completed within 12 months. The work will cover the full cycle of supply, installation and commissioning of the equipment covered under the order.  

KAVACH is an indigenous automatic train protection system used by Indian Railways. It is designed to reduce the risk of collisions by automatically applying brakes under certain conditions. 

Read More: HBL Engineering Shares Surges Over 5% on Securing ₹575 Crore Order for On-Board KAVACH Equipment!  

HBL Engineering Share Price Performance  

As of February 11, 2026, 11:59 am, HBL Engineering Ltd share price was trading at ₹795.25, a 1.95% increase from the previous closing price. 

Conclusion 

The domestic contract from BLW is valued at ₹800.36 crore, including GST.  Execution is scheduled within a year and covers supply, testing and commissioning of KAVACH systems. 

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