HBL Power Systems Ltd share has seen a gain of more than 6% today. The company’s shares opened at Rs 727.95 on BSE today.
After some time, the company’s share reached Rs 738.65 on BSE. This is also the company’s 52-week high.
Work Worth Rs 1522.40 Crore Has Been Received
Chitranjan Locomotive Works has given the company a work worth Rs 1522.40 crore to install the ‘Kavach’ system.
The company has to complete this work within 12 months. HBL is one of the few companies that manufacture Kavach systems for the railways.
Apart from these, other companies are KEC International, Cranex Microsystems, Railtel, and Siemens.
Last week, Cranex got a work worth Rs 2000 crore for the Kavach system.
Let us tell you, that in this special segment, companies can get work worth more than Rs 30,000 crore in the coming time.
How Is The Performance Of The Company In The Share Market?
During the last one month, the company’s share prices have seen a rise of more than 31 percent.
At the same time, investors holding the stock for 6 months have a profit of 48 percent so far. In the last 2 years, the stock price has increased by 575 percent.
At the same time, the price of the company’s share has increased by 1010 percent in 3 years. While during this period the Sensex has gained 76 percent.
The company’s lowest 52-week amount is Rs 377.10. The market cap of the company is Rs 19,654.51 crore.
Let us tell you, on September 13 this year, the company had an ex-dividend trade. Then the company gave a dividend of 50 percent on one share.
At the same time, in 2023, the company gave a dividend of 45 paise on one share.
Quick Fact
| Company name | HBL Power Systems |
|---|---|
| Recent stock gain | 6% |
| Work value received | ₹1522.40 crore |
| Project name | Kavach system |
| Client | Chitranjan Locomotive Works |
| Completion time | 12 months |
| Market cap | ₹19,654.51 crore |
| Dividend (Sept 2023) | 50% per share |
| Dividend (2023) | ₹0.45 per share |
| 1-month stock rise | 31% |
| 6-month stock gain | 48% |
| 2-year stock rise | 575% |
| 3-year stock rise | 1010% |
| Benchmark (Sensex 3 years) | 76% |
Cranex Microsystems
| Company name | Cranex Microsystems |
|---|---|
| Work value received | ₹2000 crore |
| Project name | Kavach system |
| Total future work in sector | ₹30,000 crore possible |
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