Quadrant Future Tek Limited has informed the Exchange about Bagging/Receiving of orders from PLW for installation of KAVACH 4.0

Business Updates View source PDF Explain this filing

QUADFUTURE · price

Loading chart…

▲ 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

+0.6%Reaction day

₹312.70

prior close

₹318.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.2%-0.6% vs market

Cables - Electricals peers, median of 11sector+1.2%-0.6% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.6 pts less than its Cables - Electricals 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

-0.3

10m

-0.2

15m

-0.7

30m

-1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6+1.2-0.6+1.2-0.6

Next day

+4.5+2.4+2.2+5.3-0.7

+2.4+1.8+0.6+3.9-1.6

+3.3+2.9+0.5+4.4-1.1

+3.9+4.2-0.3+3.4+0.5

+1.9+4.0-2.1+2.3-0.5

+1.7+5.0-3.3+7.3-5.6

15d

+2.4+9.2-6.8+27.0-24.6

-8.7+3.5-12.2+12.5-21.2

+32.6+11.5+21.1+17.1+15.5

+31.4+15.2+16.2+18.9+12.5

UpDownMarket · Nifty Microcap 250Sector · Cables - Electricals peers, median of 11Pending

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

AI summary

Quadrant Future Tek Limited has received a Letter of Acceptance from Patiala Locomotive Works (PLW), a unit of Indian Railways under the Ministry of Railways, for supply, installation, testing and commissioning of Onboard KAVACH Loco Equipment Version 4.0 with warranty. The contract is valued at Rs. 20,19,27,500 (approximately Rs. 20.2 crore including taxes). KAVACH is India's indigenous Automatic Train Protection (ATP) system developed to prevent signal passing at danger and collisions. The order is to be executed in three tranches with final delivery scheduled for April 2027. This is a domestic order awarded at arm's length with no related party involvement.

Likely market impact

This is a meaningful contract win from a government railway entity, demonstrating the company's capabilities in railway safety technology. The order value of over Rs. 20 crore represents a significant business opportunity that could contribute meaningfully to the company's revenue over the execution period through FY27.