HBL Engineering Ltd Share Price – NSE  / BSE

Auto Ancillaries, Small Cap

Under the terms of the agreement, the company will provide the on-board Train Collision Avoidance System (TCAS) for a total of 2,200 locomotives. The order is expected to be completed within 12 months from the date of issuance of the purchase order.

HBL Power Systems (HBL) specializes in developing and manufacturing products and solutions for telecom, industrial, railways and defence applications. The company has seven fully integrated facilities manufacture batteries, electronics and engineered products based on in-house developed technologies. In addition to catering to niche sectors namely telecom, UPS, solar, defence and railways in India, HBL's products are marketed across the globe spanning 80+ countries.

The company’s consolidated net profit jumped 27.1% to Rs 87.26 crore in Q2 FY25 as against Rs 68.67 crore posted in Q2 FY24. However, revenue from operations decreased 6.4% to Rs 520.96 crore in the quarter ended 30 September 2024.

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Under the terms of the agreement, the company will provide the on-board Train Collision Avoidance System (TCAS) for a total of 2,200 locomotives. The order is expected to be completed within 12 months from the date of issuance of the purchase order.

HBL Power Systems (HBL) specializes in developing and manufacturing products and solutions for telecom, industrial, railways and defence applications. The company has seven fully integrated facilities manufacture batteries, electronics and engineered products based on in-house developed technologies. In addition to catering to niche sectors namely telecom, UPS, solar, defence and railways in India, HBL's products are marketed across the globe spanning 80+ countries.

The company’s consolidated net profit jumped 27.1% to Rs 87.26 crore in Q2 FY25 as against Rs 68.67 crore posted in Q2 FY24. However, revenue from operations decreased 6.4% to Rs 520.96 crore in the quarter ended 30 September 2024.

Shares of HBL Power Systems rallied 3.57% to settle at Rs 695.35 on 13 December 2024.

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HBL Engineering has received an order of Rs 1522.40 crore from Chittaranjan Locomotive Works for supply, Installation and Commissioning of on-Board Train Collision Avoidance System (TCAS) (KAVACH) equipment in locomotives.

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HBL Power Systems announced that the Ministry of Corporate Affairs has issued a fresh Certificate of Incorporation upon change of name of the Company from “HBL Power Systems” to “HBL Engineering” with effect from 13 November 2024.

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