Concord Control Systems zooms on bagging order for Kavach 4.0 through Progota India
Concord Control Systems is currently trading at Rs. 2710.05, up by 99.50 points or 3.81% from its previous closing of Rs. 2610.55 on the BSE.
The scrip opened at Rs. 2639.90 and has touched a high and low of Rs. 2722.95 and Rs. 2639.90 respectively. So far 9500 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 2,722.95 on 16-Sep-2025 and a 52 week low of Rs. 971.15 on 19-Feb-2025.
Last one week high and low of the scrip stood at Rs. 2,722.95 and Rs. 2288.50 respectively. The current market cap of the company is Rs. 1714.15 crore.
The promoters holding in the company stood at 67.06%, while Institutions and Non-Institutions held 0.43% and 32.51% respectively.
Concord Control Systems (CNCRD) has bagged an order for Kavach 4.0 through its associate company, Progota India worth Rs 19.45 crore. This order will enable the beginning of large-scale implementation opportunities in advanced railway safety. With this order completion, the company will become one of the few railway companies to have a fully developed Kavach to supply to Indian railways.
Concord’s next-generation Kavach system has successfully advanced through the Indian Railways’ stringent approval journey, covering product approval, initial SiL4 third-party certification. Approximately 70% of the demanding SiL4 certification process has already been completed, with the remaining stages scheduled to align with upcoming trials.
Progota has received design, development, supply, installation, trial and commissioning of Onboard KAVACH equipment in locomotives and trackside KAVACH equipment of South Central Railway. The product being fully developed in-house provides a substantial first-mover advantage in safety electronics for railways. By comparison, new entrants typically require approximately 3 to 5 years to reach this stage from scratch, underscoring company’s leadership in technology, compliance, and time-to-market. Concord Control Systems continues to set benchmarks in railway safety innovation, delivering future-ready solutions for India’s modern rail infrastructure.
Concord Control Systems (CCSL) is India’s leading manufacturer of embedded electronics systems and critical electronic solutions supporting India’s next-generation rail infrastructure. CCSL is an RDSO-approved OEM and technology leader delivering advanced electrical and electronic systems for Indian Railways.
