Concord Control Systems Share Price In Focus; Associate Company Bags ₹279.90 Crore Railways Order

Concord Control Systems Limited has announced that its associate company, Progota India Private Limited, has received a major contract from Indian Railways. The order relates to the deployment of KAVACH 4.0 onboard locomotive equipment, strengthening the company's presence in India's railway safety and signalling ecosystem.  

The development marks a significant addition to the group's railway technology business as Indian Railways continues to accelerate investments in safety infrastructure. 

₹279.90 Crore KAVACH Order Secured 

Progota India has been awarded a contract worth ₹279.90 crore for the supply, installation, testing and commissioning of onboard KAVACH 4.0 locomotive equipment. The domestic order is scheduled to be executed within 12 months.  

KAVACH is India's indigenous Automatic Train Protection system designed to improve railway safety by helping prevent signal violations, reducing collision risks and enhancing train operations across the network.  

Management Commentary 

Gaurav Lath, Joint Managing Director, Concord Control Systems Limited, said, "This order is a strong validation of Concord's growing position in India's railway technology ecosystem. KAVACH is one of the most important safety initiatives of Indian Railways, and our participation through Progota strengthens our presence in high value, mission critical train protection systems."  

Nitin Jain, Joint Managing Director, Concord Control Systems Limited, said, "KAVACH 4.0 execution requires precision across supply, installation, testing and commissioning. Our teams are prepared to deliver within the stipulated timelines while maintaining high standards of quality and reliability."  

Read More: IRCTC Share Price in Focus as Rising Vande Bharat Revenue Weighs on Catering Margins! 

Concord Control Systems Share Price Performance 

As of 01 June 2026, at 12:15 PM Concord Control Systems share price is trading at ₹2,697.90 per share, reflecting a gain of 6.08% from the previous closing price. 

Conclusion 

The ₹279.90 crore KAVACH 4.0 order represents a significant milestone for Concord Control Systems through its associate company Progota India. The contract strengthens the group's participation in India's railway safety modernisation programme and expands its presence in advanced railway technology solutions.  

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