Concord Control Systems Ltd receives order for IGBT based propulsion system for locomotive

Concord Control Systems Limited receives order for manufacturing, supply and commissioning of complete propulsion system locomotive through its wholly owned subsidiary i.e. Advanced Rail Controls Private Limited.

This order marks a significant milestone for Concord, representing a major achievement in the domain of advanced IGBT based locomotive propulsion system. This segment is highly specialized, technologically intensive and widely regarded as one of the most respected areas within the rail engineering ecosystem. Concord takes great pride in being associated with this prestigious and innovation-driven space.

The order value is Rs. 13.22 Crores.

Shares of Concord Control Systems Limited was last trading in BSE at Rs. 2427.00 as compared to the previous close of Rs. 2460.00. The total number of shares traded during the day was 4200 in over 21 trades.

The stock hit an intraday high of Rs. 2540.00 and intraday low of 2400.00. The net turnover during the day was Rs. 10339220.00.

Source : Equity Bulls

Keywords

ConcordControlSystems INE0N0J01014 IndustrialProducts AdvancedRailControls OrderWin