Shares of Concord Control Systems Ltd surged 4% to touch a day’s high of Rs 2,680 on 5th February after the company announced that it had received a KAVACH 4.0 order from Indian Railways. The order involves the supply, installation, testing, and commissioning of on-board KAVACH 4.0 locomotive equipment and is valued at Rs 185.09 crore.

Progota India Private Limited, an associate company of Concord Control Systems, has been awarded the KAVACH 4.0 order. The project is scheduled for execution over the next 12 months.

The order reflects Indian Railways’ continued trust in Concord Control Systems’ technical expertise and execution capabilities.

Nitin Jain, Joint Managing Director of Concord Control Systems, said the order strengthens the company’s role in India’s railway safety modernisation programme.

KAVACH 4.0 is India’s indigenous Automatic Train Protection (ATP) system, developed to improve rail safety.

The system helps prevent collisions, speeding, and signal violations across the railway network. The latest version uses advanced digital technologies to enhance operational efficiency and passenger safety.

At 1:30 PM, shares of Concord Control Systems were trading 1.40% higher at Rs 2,600 on BSE.

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