HBL Engineering has secured a ₹146 crore contract from Indian Railways to implement the Kavach system across 48 stations, spanning 428 km, with a 730-day completion timeline. The stock fell 2.49% to ₹481.45 on BSE. The company has also received additional contracts worth ₹762.56 crore and ₹499.68 crore for similar projects.
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