Concord Control Systems zooms on winning Rs 279.90 crore KAVACH 4.0 order from Indian Railways
Concord Control Systems is currently trading at Rs. 2740.00, up by 196.75 points or 7.74% from its previous closing of Rs. 2543.25 on the BSE.
The scrip opened at Rs. 2664.95 and has touched a high and low of Rs. 2797.55 and Rs. 2660.00 respectively. So far 9350 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 2844.95 on 14-May-2026 and a 52 week low of Rs. 973.88 on 03-Jun-2025.
Last one week high and low of the scrip stood at Rs. 2,844.95 and Rs. 2,348.00 respectively. The current market cap of the company is Rs. 2865.77 crore.
The promoters holding in the company stood at 65.57%, while Institutions and Non-Institutions held 0.68% and 33.75% respectively.
Concord Control Systems, through its associate company, Progota India, has received an order worth Rs 279.90 crore from Indian Railways for the supply, installation, testing and commissioning of onboard KAVACH 4.0 loco equipment. The order is domestic in nature and is scheduled to be executed within 12 months. This development marks an important milestone for Concord Control Systems and Progota in India’s fast expanding railway safety and signalling ecosystem.
The order further positions Concord Control Systems as a railway technology company with capabilities in embedded electronics, control systems, safety systems and critical train electronics, moving beyond conventional railway product manufacturing.
