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HBLENGINEHBL Engineering Limited

Capital Goods · Electrical Equipment & Parts · NSE · as of 2026-07-21 (delayed ~30 min in market hours)

729.10
0.21%
40Weak

Price & Volume

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Key Ratios

Market Cap (₹ cr)20,253.20
P/E24.87
P/B9.07
PEG0.62
ROE %44.07
ROCE %46.60
Debt / Equity0.03
EPS29.38
Revenue Growth %27.00
Profit Growth %39.80
Dividend Yield %0.41
Promoter Holding %8.07
FII Holding %55.46
DII Holding %
Beta0.04

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

Double TopSHORT68%729.10836.00628.200.94
AVOIDConviction 62%

Why avoid

  • Overall evidence is weak (AlgoScore 40/100)
  • Promoter holding: 8.1%
  • Dividend yield: 0.41%
  • RSI: 34
  • MACD: bearish
  • Double Top bearish signal (setup quality 68%)

Bull case

  • Revenue growth: 27.0% YoY
  • Profit growth: 39.8% YoY
  • ROE: 44.1%
  • Liquidity: ₹74.4 cr avg turnover

Bear case

  • Promoter holding: 8.1%
  • Dividend yield: 0.41%
  • RSI: 34
  • MACD: bearish

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Momentum is fading versus the broader market
  • Promoter holding: 8.1%
  • Dividend yield: 0.41%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹729.10
Stop Loss
₹715.52
risk 1.9%
Target 1 (1.5R)
₹749.47
+2.8%
Target 2 (3R)
₹769.83
+5.6%
Support (20d)
₹722.75
Resistance (52w)
₹1,119.11
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹13.58/share
ATR (volatility)
₹21.45
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹21.45). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
87
Technical
20
Momentum
8
Risk (safety)
39

Peers — Capital Goods

ADOR 7.88%
81
KSHINTL 1.30%
79
DIACABS 10.00%
78
INOXINDIA 4.32%
77
AARVI 3.51%
77
MMFL 4.13%
77

About

HBL Engineering Limited manufactures and sells batteries and other products in India and internationally. It operates through Industrial batteries, Defense and Aviation batteries, and Electronics segments. The company offers lead acid batteries, nickel-cadmium batteries, silver zinc batteries, defence, and lithium batteries. It also provides rail signaling electronics, electronic fuzes for ammunition, train collision avoidance systems, train management system, and electric drive trains. The company serves system integrators, EPC's, railway, aviation, and defense companies, as well as government sector. The company was formerly HBL Power Systems Limited and changed its name to HBL Engineering Limited in November 2024. The company was founded in 1977 and is headquartered in Hyderabad, India. HBL Engineering Limited is a subsidiary of Aluru Family Private Trust.