Archive · 2 Oct 2025
HBL Engineering's Promoters Experience Massive Wealth Surge
Imagine a family who invested in a company called HBL Engineering.
Over five years, the company's stock price went way up!
This means the family's money grew by a huge amount, over 13 times.
The company makes batteries and electronics, and their success on the stock market made the family much richer.
The company's name was changed from HBL Power Systems Limited to HBL Engineering Limited on November 13, 2024.
The stock price increased almost 5000%, turning early investors into wealthy individuals.
The family now owns many shares in the company, which also led to their wealth increase.
The stock price continues to increase, even surpassing its 52-week low.
Jagadish Prasad Aluru and family saw a 1,374% increase in their wealth.
The wealth increase is linked to HBL Engineering Ltd's stock performance.
HBL Engineering's share price rose from Rs 16.30 to Rs 830.05 in five years.
The company was renamed from HBL Power Systems Limited on November 13, 2024.
HBL Engineering supplies batteries, railway, and defense electronics.
- Who
- Jagadish Prasad Aluru and family
- What
- Experiencing a significant increase in wealth tied to HBL Engineering Ltd's stock performance.
- When
- Between October 2, 2020, and October 2, 2025
- Where
- India
- Why
- Due to the rising share price of HBL Engineering Ltd.
- Company Name
- HBL Engineering Ltd
- Market Capitalization
- Rs 23,094.50 crore
- Promoter Wealth Increase
- 1,374%
- Share Price (Oct 2, 2020)
- Rs 16.30
- Share Price (Oct 2, 2025)
- Rs 830.05
- Share Price Increase
- 4,992%
- Price-to-Earnings Multiple
- 67.91
- Stock Close (Wednesday)
- Rs 833.15