HBL Power Systems shares climb 6% after securing Rs 1,522 crore KAVACH order

HBL Power System Share Price: HBL Power Systems’ shares surged over 6% after securing a ₹1,522.40 crore order from Chittaranjan Locomotive Works for the KAVACH Train Collision Avoidance System. The 12-month project will equip 2,200 locomotives. Despite a recent dip in quarterly revenue, the company’s stock has seen significant gains this year, prompting overbought signals. HBL Power System Share Price: HBL Power Systems’ shares surged over 6% after securing a ₹1,522.40 crore order from Chittaranjan Locomotive Works for the KAVACH Train Collision Avoidance System. The 12-month project will equip 2,200 locomotives. Despite a recent dip in quarterly revenue, the company’s stock has seen significant gains this year, prompting overbought signals.  Economic Times

Leave a Reply

Your email address will not be published. Required fields are marked *