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

HBL Engineering Limited has strengthened its order book after accepting a domestic contract for railway safety systems, adding a sizeable project to its execution pipeline.
Order Details and Scope of Work
The company has accepted an order worth ₹575 crore from Integral Coach Factory, Chennai.
The contract covers the supply, testing and commissioning of on-board KAVACH equipment (Version 4.0), a train protection system designed to enhance operational safety. The order value includes 18% GST.
Execution Timeline and Impact on Order Book
The contract is scheduled to be completed within 12 months. The order has been awarded by a domestic entity and does not involve any promoter or promoter group interest. The transaction is not categorised as a related party arrangement.
The KAVACH equipment order adds to HBL Engineering’s presence in railway and transportation-related projects, supporting near-term revenue visibility through a clearly defined execution schedule.
Read More: AIA Engineering Q3 FY26 Net Profit Rises 13.6% To ₹294.4 Crore!
HBL Engineering Share Price Performance
As of February 1, 2026, at 9:20 AM, HBL Engineering Limited share price is trading at ₹812.40 per share, reflecting a gain of 5.68% from the previous closing price. Over the past month, the stock has declined by 11.64%.
Conclusion
The ₹575 crore KAVACH equipment contract enhances HBL Engineering’s project portfolio, providing a time-bound execution opportunity while reinforcing its role in railway safety and signalling solutions.
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Published on: Jan 31, 2026, 10:15 AM IST

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