HBL Power hits new highHBL Power hits new high on healthy outlook; zooms 155% in three months
The Cabinet Committee on Economic Affairs on Wednesday approved seven multi-tracking projects at an estimated cost of Rs 32,500 crore, under the PM Gati Shakti National Master Plan.
Shares of HBL Power Systems (HBL) hit a new high of Rs 263.55, as they rallied 7 per cent on the BSE in Thursday’s intra-day trade in an otherwise subdued market on healthy outlook. The stock of auto components & equipments company has zoomed 155 per cent in past three months on strong earnings. In comparison, the S&P BSE Sensex was down 0.30 per cent at 65,346 at 09:45 AM.
