India, Feb. 11 -- The shares of this company are engaged in the first OEM to demonstrate and later certify the advanced Kavach v4.0 system, designed to protect trains running at speeds, which are now in the spotlight after it rose by 5% following securing a major order.

With a market capitalisation of Rs. 22,293 cr, the shares of HBL Engineering Ltd were trading at Rs. 803 per share, jumping 5% in today's market session, making a high of Rs. 817.25, up from its previous close of Rs. 779 per share.

The stock has gained 66% over the past year, though it is down 13% on a year-to-date basis. Over the last six months, it has risen by 17%, while in the past month it has declined by 7%.

About the order HBL Engineering Limited has informed a...