STOCKWATCH

HBL Engineering Ltd Wins Contract Worth Rs. 145.83 Crores From Western Railway

HBL Engineering Ltd has been issued a letter of acceptance by the Western Railway for the supply of Kavach Systems. The total contract value is Rs. 145.83 Crores (Inclusive of 18% GST) covering 48 stations and 428 Kms. The contract is to be completed in 730 days.

• HBL Engineering Ltd has been awarded a contract by the Western Railway worth Rs. 145.83 Crores.
• The contract involves the supply of Kavach Systems across 48 stations and 428 Kms.
• The contract period is 730 days.
• This deal is a significant one for HBL Engineering Ltd, contributing significantly to its revenue.