16 Sep 2025 | 3 Mins Read
Mukul Agrawal's stock rises 4% on Kavach order from Indian Railways
Flipitmoney
Concord Control Systems, via its associate Progota India, secured its first ₹19.45 cr order from Indian Railways for the Kavach 4.0 system. The Mukul Agrawal-backed firm, which makes control panels, signaling gear, and railway safety systems, saw its stock jump 4% following the announcement. It has a market capitalization of Rs. 1,697.95 crores.