Intimation of Order

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+11.8%1-day move

₹2540.00

prior close

₹2664.95

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+2.5+3.4+2.8+2.8+11.8+16.3+18.1+17.9+17.6+13.2+15.7+11.8——

Up moveDown movePending

AI summary

Concord Control Systems has received a Rs. 279.90 Crores order from Indian Railways for the supply, installation, testing, and commissioning of On-board KAVACH 4.0 Loco equipment. The order is being executed through Progota India Private Limited, an associate company of Concord. The contract is domestic, awarded by a government entity, and is to be completed within 12 months. The order does not involve any related party transaction.

Likely market impact

This is a substantial order valued at Rs. 279.90 Crores, representing a significant contract win for the company. The KAVACH 4.0 equipment is a rail safety technology, and the association with Indian Railways underscores the company's positioning in government-linked rail projects.