New Delhi, May 2 -- Mulitbagger small-cap stock in focus on May 02: Shares of HBL Engineering, a leading player in the battery and power systems sector, rose 3% in early trade on Friday, May 2, to the day's high of Rs.494.25 apiece after the company secured another Kavach order from Western Railway.

On Thursday, May 1, the company informed investors that Western Railway had issued a Letter of Acceptance to HBL for the provision of Kavach across 48 stations, covering 428 kilometers.

The total value of the contract is Rs.145.83 crore (inclusive of 18% GST). This marks the second Kavach order for the company in just a month.

In April, HBL received five Letters of Acceptance for implementing Kavach across 413 stations, covering 3,900 kilom...