
HBL Engineering Limited has received a new order from Patiala Loco Works for the supply, testing and commissioning of on-board Kavach equipment version 4.0. The contract value stands at ₹83.81 crore, including 18% GST.
The order has been awarded by a domestic entity and focuses on implementing advanced railway safety systems in locomotives. The company will be responsible for delivering and integrating the Kavach equipment as part of the project scope.
Under the agreement, HBL Engineering will supply the on-board Kavach system and carry out testing and commissioning activities to ensure proper functionality. The Kavach system is an automatic train protection technology designed to enhance railway safety by preventing collisions and overspeeding.
The project has a defined completion timeline, with the contract scheduled to be executed on or before April 15, 2027. Successful completion will contribute to the broader deployment of Kavach technology across the Indian Railways network.
Kavach is an indigenous safety system developed for Indian Railways to improve operational safety and reduce the risk of accidents. Orders related to Kavach implementation have increased as railway authorities accelerate the adoption of modern signalling and safety solutions.
On April 9, 2026, HBL Engineering share price opened at ₹721.00, touching the day’s low at ₹737.70, as of 12:13 PM on the NSE.
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The ₹83.81 crore order from Patiala Loco Works strengthens HBL Engineering’s presence in the railway safety technology segment and supports the ongoing expansion of Kavach systems across Indian Railways.
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Published on: Apr 9, 2026, 12:29 PM IST

Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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