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HBL Power Systems trades jubilantly on bagging orders worth Rs 180 crore

11 Mar 2020 Evaluate

HBL Power Systems is currently trading at Rs. 14.75, up by 1.20 points or 8.86% from its previous closing of Rs. 13.55 on the BSE.

The scrip opened at Rs. 15.10 and has touched a high and low of Rs. 15.30 and Rs. 14.60 respectively. So far 32641 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 29.75 on 11-Mar-2019 and a 52 week low of Rs. 12.50 on 23-Aug-2019.

Last one week high and low of the scrip stood at Rs. 15.80 and Rs. 13.40 respectively. The current market cap of the company is Rs. 413.02 crore.

The promoters holding in the company stood at 57.32%, while Institutions and Non-Institutions held 22.83% and 19.85% respectively.

HBL Power Systems has bagged orders worth Rs 180 crore which will contribute to the company's growth. The Indian Navy has placed an order for seven submarine propulsion batteries with a value of Rs 85 crore. The product will be delivered over the next 18 months.

The company will supply train collision avoidance systems worth Rs 70 crore to South Central Railway. The contract is executable over the next 18 months. Besides, HBL has received export orders of over Rs 26 crore for supply of lithium thermal batteries.

HBL Power Systems is the pioneer in the design, development and manufacture of specialized batteries and DC systems in India.

HBL Engineering Share Price

786.60 3.40 (0.43%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Exide Inds 330.05
Amara Raja Energy 778.45
HBL Engineering 786.60
Eveready Inds. India 302.45
Indo-National 326.15
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