HBL Power Systems secured a ₹1,522.40 crore order from Chittaranjan Locomotive Works to install the KAVACH system in 2,200 locomotives. Despite a recent dip in quarterly revenue, the company's net profit surged 27.1% year-on-year. HBL Power Systems' stock, currently trading above key moving averages, saw a 3.5% jump on Friday, reaching ₹695.3.
