Synopsis:
Progota India Pvt. Ltd., an associate of Concord Control Systems, has received RDSO Technical Prototype Clearance for Kavach 4.0, enabling it to execute trial orders and participate in future rail safety tenders nationwide.
This company is in the business of Electrical Machinery for Indian Railways and allied products is now in focus after an associate of the company has received RDSO Technical Prototype Clearance for Kavach 4.0.
With market capitalization of Rs. 1,781 cr, the shares of Concord Control Systems Limited are currently trading at Rs. 1,760 per share, increasing 10% in today’s market session making a high of Rs. 1,860, from its previous close of Rs. 1,691.50 per share.
What Happened
Concord Control Systems Limited announced that its associate company, Progota India Pvt. Ltd., has received the RDSO Technical Prototype Clearance for Kavach 4.0, the latest version of the Indian Railways indigenous Automatic Train Protection (ATP) system.
This clearance enables Progota to execute its ongoing trial order from South Central Railway and positions it as a Developmental Vendor eligible to participate in all upcoming Kavach 4.0 tenders across Indian Railways. Kavach 4.0 represents a major step forward in India’s rail safety framework, aimed at preventing train collisions, improving operational reliability, and enabling seamless locomotive-to-trackside communication. The RDSO’s endorsement validates Progota’s technological expertise and adherence to stringent Railway Ministry standards.
Management commentary
Mr. Nitin Jain, Joint Managing Director of Concord Control Systems, said that getting RDSO’s approval for Kavach 4.0 is a big achievement for the company. He added that this milestone shows their support for the Indian government’s ‘Atmanirbhar Bharat’ mission by creating homegrown, advanced rail safety technology. With this clearance, Progota India can now help in the nationwide rollout of Kavach 4.0, focusing on innovation, partnerships, and safer railway systems for the future.
About the company
Concord Control Systems Limited (CNCRD) is India’s leading manufacturer of embedded electronics systems and critical electronic solutions supporting India’s next-generation rail infrastructure. CNCRD is an RDSO-approved OEM and technology leader delivering advanced electrical and electronic systems for Indian Railways. Aligned with the government’s Gati Shakti initiative, Concord leverages state-of-the-art R&D, testing, and manufacturing facilities to deliver products that meet global quality and safety benchmarks, while ensuring zero-defect production and environmentally responsible practices.
Sales of the company increased from Rs. 65 cr in FY24 to Rs. 124 cr in FY25. Operating profit rose to Rs. 29 cr from Rs. 17 cr. Net profit also increased from Rs. 13 cr to Rs. 23 over the same period.
Written by Manideep Appana
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post Railway stock skyrockets 10% after securing approval from RDSO for Kavach 4.0 appeared first on Trade Brains.