HBL Engineering wins Rs 800 Cr KAVACH order from Indian Railways

Order above 5% of revenueGovernment or defence orderBusiness Updates View source PDF Explain this filing

HBLENGINE · price

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Price reactionminutes from the announcement price · days from the prior close

-1.0%Reaction day

₹779.90

prior close

₹788.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.1%-1.2% vs market

Other Industrial Products peers, median of 25sector-1.1%+0.0% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Smallcap 250 and in line with its Other Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.0

10m

+2.6

15m

+2.2

30m

+1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0+0.1-1.2-1.1+0.0

Next day

-0.3-0.6+0.3-0.5+0.2

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15d

-14.5-5.4-9.1-11.9-2.6

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+6.9+5.5+1.4-1.7+8.6

UpDownMarket · Nifty Smallcap 250Sector · Other Industrial Products peers, median of 25Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

HBL Engineering received a Letter of Acceptance from Banaras Locomotive Works (part of Indian Railways) for supply, testing and commissioning of On-board KAVACH equipment (Version 4.0) worth Rs 800.36 Crores inclusive of 18% GST. The contract is to be completed within 12 months. It is a domestic order with no promoter or related party interest. KAVACH is Indian Railways' indigen

Likely market impact

Large government order worth about Rs 800 Cr, likely a major share of annual revenue, should materially boost order book and near term revenue.