Concord Control Systems Limited (BSE: CNCRD), India's leading manufacturer of embedded electronic systems and critical electronic solutions, specializing in railway safety and control technologies has secured an order worth Rs. 56.58 crore from Indian Railways through its wholly owned subsidiary, Advanced Rail Controls Private Limited.
The order covers the supply, installation and commissioning of locomotive wireless control systems, a safety-critical solution that enhances real-time communication, operational coordination, and control in locomotive operations. The contract further strengthens Concord's execution pipeline, reinforcing its growing engagement with Indian Railways across multiple safety and control applications.
With this addition, the company's order book as on date is Rs. 450+ crore.
Commenting on the development, Gaurav Lath, Joint Managing Director of Concord Control Systems Limited, said, "This order strengthens Concord's position as a leader in India's railway technology journey. It shows the trust Indian Railways has in our capabilities in railway safety and electronic systems, and fits well with the country's focus on safer and better rail infrastructure. Our focus is on building dependable, India-made technologies that will play a key role in shaping the future of Indian Railways."
Concord Control Systems is strengthening its role in Indian Railways' safety and modernisation initiatives through its advanced railway technology portfolio. Beyond loco wireless control systems, the company is contributing to the development of Kavach 4.0, India's next-generation Automatic Train Protection system, through its stake in Progota India Private Limited, positioning it as a long-term partner in safer rail operations across India.
Shares of Concord Control Systems Limited was last trading in BSE at Rs. 2450.00 as compared to the previous close of Rs. 2475.85. The total number of shares traded during the day was 1800 in over 8 trades.
The stock hit an intraday high of Rs. 2475.85 and intraday low of 2370.00. The net turnover during the day was Rs. 4375460.00.