Intimation of order of KAVACH

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF Explain this filing

Price

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

Price reactionminutes from the announcement price · days from the prior close

+1.1%Reaction day

₹2585.00

prior close

₹2600.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%+2.1% vs market

Industrial Products peers, median of 118sector-0.9%+2.0% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty Microcap 250 and 2.0 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

+2.7

30m

+2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1-1.0+2.1-0.9+2.0

Next day

+0.6-1.8+2.4-1.3+1.8

+3.6+0.8+2.9+1.0+2.6

+0.1+1.8-1.7+1.2-1.1

+2.2+1.2+1.0+1.3+0.9

-2.0+0.7-2.8+0.5-2.5

-7.5-1.5-6.1-1.9-5.6

15d

-7.3-2.5-4.8-3.1-4.1

-10.3-7.2-3.1-6.5-3.8

-21.1-8.9-12.2-10.2-10.9

+1.7+5.5-3.8+4.0-2.4

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 118Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Concord Control Systems has secured a Rs. 185.09 Crore order for the supply, installation, testing, and commissioning of On-board KAVACH 4.0 Loco equipment. The order has been awarded by Indian Railways and will be executed through Progota India Private Limited, the company's associate. The work is to be completed within 12 months. This is a domestic order, with no related party interest involved.

Likely market impact

This is a sizeable government railway order that could meaningfully boost the company's order book and near-term revenues, given the Rs. 185 Crore value is significant for a small-cap firm. Positive for the stock in the short term as it signals strong order inflow in the railway safety segment.