'Project for equipping 10,000 locomotives has been finalised. Bids for track side works of Kavach for approximately 15,000 RKm have been invited,' says Vaishnaw
With a strong market presence and focus on R&D and government partnerships, HBL has plenty of growth opportunities, say analysts
Recent developments have sparked optimism among investors as the government focuses on prioritising safety measures and the deployment of the Kavach system.