Mid-cap stocks, March 4 -- HBL Engineering Limited shares jumped after the engineering company announced that the firm had received a Rs.148.44 crore letter of acceptance (LOA) from Indian Railways, according to the exchange filing on Tuesday, March 4.

According to the order book update, the Bhopal Division of the West Central Indian Railways has sent a Rs.148.44 crore letter of acceptance to the engineering firm for the provision of KAVACH, an automatic train protection system which prevents train collisions and derailments.

"We would like to inform you that a Letter of Acceptance from 'Bhopal Division of West Central Railway' has been received in the name of HBL-Shivakriti Consortium for an order worth Rs.148.44 crores (inclusive of G...