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BSEConcord Control Systems Ltd· Industrial ManufacturingHighPositive
Announced Mon, 15 Sept, 2025 · 16:11 IST

Press Release

Regulatory product approvalBusiness Updates View source PDFExplain 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
+3.1%Reaction day
₹1637.50
prior close
₹1649.95
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+2.5% vs market
Industrial Products peers, median of 111sector+0.2%+2.8% vs sector

On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 2.8 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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15m
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+3.1+0.5+2.5+0.2+2.8
Next day
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+8.0+0.6+7.5+0.2+7.8
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+2.7-1.1+3.8-1.3+4.0
15d
+4.6-2.6+7.2-2.8+7.3
1m
+6.9-1.9+8.8-3.7+10.5
2m
+27.3-1.0+28.3-6.6+33.9
3m
+42.0-6.7+48.7-12.9+54.9
UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 111Pending

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

AI summary

Concord Control Systems has secured its first order for KAVACH 4.0, India's automatic train protection system, valued at INR 19.45 crore through its associate company Progota India Private Limited. The order covers design, development, supply, installation, trial and commissioning of on-board KAVACH equipment in locomotives and trackside KAVACH equipment for South Central Railway. The system is fully developed in-house, giving the company a strong first-mover advantage, as new entrants typically take 3-5 years to reach this stage. Approximately 70% of the demanding SiL4 safety certification has already been completed.

Likely market impact

This is a landmark order that positions Concord as one of the few companies with a fully approved Kavach system ready for large-scale deployment across Indian Railways. It strengthens the company's growth visibility and establishes credibility for capturing future railway safety orders.