3 railway stocks that benefits from the kavach theme?

India’s Kavach system is set to redefine railway safety, and this video explains how the massive rollout is unfolding across the country. We take a detailed look at HBL Engineering, Kernex Microsystems, and RailTel, the three key players directly involved in Kavach execution. From order books and financial performance to margins, cash flows, and growth visibility, we break down everything with data-driven insights. Watch till the end and share your views in the comments

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Research Analyst disclaimer: https://groww.in/p/sebi-research-anal...
Name of the Research Analyst - Cleyon Savio Dsouza
Name of the narrator - Aleena Rais
Report Date: 9th January, 2026