SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

HBL Engineering receives LoA worth Rs 800.36 crore

11 Feb 2026 Evaluate

HBL Engineering has received Letter of Acceptance (LoA) worth Rs 800.36 crore (Inclusive of 18% GST) from Banaras Locomotive Works, Varanasi, for the supply, testing and commissioning of on-board KAVACH equipment (Ver. 4.0). The contract is to be completed within 12 months.

HBL Engineering (formerly HBL Power Systems) is the pioneer in the design, development and manufacture of specialized batteries and DC systems in India. It has more than 30 years of experience in the field of specialized batteries and DC power systems.

HBL Engineering Share Price

823.05 18.30 (2.27%)
19-Jun-2026 12:15 View Price Chart
Peers
Company Name CMP
Exide Inds 381.65
Amara Raja Energy 845.50
HBL Engineering 823.05
Eveready Inds. India 365.85
Indo-National 350.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: