🚨 CONCORD CONTROL SYSTEMS | Big Development in Rail Safety Tech 🚄
🔹 Subsidiary Win: Associate firm Progota India Pvt. Ltd. secures RDSO technical prototype clearance for KAVACH 4.0, India’s advanced railway safety system.
🔹 Revenue Potential: Eyes ₹1,000 Cr+ opportunity in coming years under Indian Railways’ Kavach expansion program.
🔹 Market Cap: ~₹1,800 Cr | Listed on SME platform.
🔹 Significance: Marks entry into high-value, government-backed rail automation projects — strong tailwinds from railway modernization.
#CONCORD #RailwayStocks #KAVACH #Defence #StockMarket #Breaking
Oct 28, 2025 · 5:27 AM UTC
