Concord Control Systems zooms on getting nod for further investment in Progota India
Concord Control Systems is currently trading at Rs. 2837.95, up by 145.45 points or 5.40% from its previous closing of Rs. 2692.50 on the BSE.
The scrip opened at Rs. 2700.00 and has touched a high and low of Rs. 2849.00 and Rs. 2700.00 respectively. So far 3375 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 2855.00 on 23-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. 2850.00 and Rs. 2661.00 respectively. The current market cap of the company is Rs. 1771.04 crore.
The promoters holding in the company stood at 67.06%, while Institutions and Non-Institutions held 0.23% and 32.71% respectively.
Concord Control Systems (CCSL) has received approval for the further investment in equity shares of Progota India as per the Share Purchase Agreement. Through this proposed investment, Concord will increase its stake from 26% to 46.5%, reinforcing its long-term partnership and deepening collaboration on the commercialisation and rollout of Kavach 4.0 across Indian Railways.
This acquisition is strategic and synergistic--combining Concord’s manufacturing and system-integration strengths with the Progota India’s R&D capabilities. It positions Concord to play a pivotal role in India’s transition towards safer, smarter and zero-emission rail transport, while expanding its presence into high-value technology domains such as train automation, digital signalling and propulsion electronics. The enhanced shareholding is expected to unlock multiyear growth opportunities, strengthen Concord’s intellectual-property base, and drive sustainable long-term value creation for shareholders through deeper participation in India’s rail-safety and control-systems market. The transaction is expected to be completed within 6 months.
The Board of Directors of the company at their meeting held on October 11, 2025, have approved the same.
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.
