07 Apr 2026 | 5 Mins Read

Indian Rail stocks to watch for Kavach upgrades

Flipitmoney

KEC International, HBL Engineering, and Kernex Microsystems will be in focus amid developments in the Kavach railway safety ecosystem. Kernex partnered with BHEL to develop advanced signalling solutions. Indian Railways approved projects worth ₹1,364.45 crore for Kavach systems, optical fibre cable networks, and signalling system replacements. HBL Engineering reported ₹1,375.36 crore in orders.