New Delhi, Sept. 24 -- HBL Engineering has outperformed the Indian stock market and given solid returns in the last one year. The company, earlier known as HBL Power Systems, is well diversified, though the bulk of its revenue comes from supplying railway safety systems to the Indian Railways.

The company specialises in advanced battery technologies and power systems. It designs, manufactures, supplies, and services a wide range of specialised batteries, including lead-acid, nickel-cadmium, silver-zinc, and lithium-ion types.

The company serves critical sectors such as aviation, railways, defence, oil & gas, power, telecom, and data centres.

HBL Engineering also develops and deploys sophisticated engineering solutions like railway safe...