STOCKWATCH

HBL Engineering Ltd Wins Contract for Kavach Version 4.0 Upgradation from South Central Railway

HBL Engineering Ltd has been issued a letter of acceptance by the South Central Railway for the upgradation of the Kavach Version 3.2 to Version 4.0 in the Mudkhed (Including) - Manmad (Excluding) Section. The contract, worth Rs. 30.67 Crores (inclusive of 18% GST), covers 350 Kms and has to be completed within 24 months. This adds to the company's total accumulated order book of Rs.4,029.05 Crores.

• HBL Engineering Ltd has been awarded a contract by South Central Railway for upgradation of Kavach Version 3.2 to Version 4.0.
• The contract is worth Rs. 30.67 Crores (inclusive of 18% GST).
• The upgradation covers 350 Kms in the Mudkhed (Including) - Manmad (Excluding) Section.
• The contract has a completion period of 24 months.
• This deal adds to the company's total accumulated order book of Rs.4,029.05 Crores.