3-ace investor-backed multibagger railway stock hit 52-week high as Board is likely to announce bonus shares on coming Sunday

Concord Control Systems Limited (CCSL) is scheduled to hold a meeting on Sunday, September 07, 2025, at 12:00 P.M. to inter alia, to consider the bonus issue of securities.

Additionally, CCSL has developed India's first 100 per cent indigenous, zero-emission propulsion system, a significant step toward the nation's goal of achieving net-zero emissions and complete railway electrification by 2030. This system, which converts diesel locomotives, is powered by Lithium Iron Phosphate (LFP) batteries and features a DC chopper-based drive. Unlike traditional diesel engines that continuously idle and consume fuel, this new system only operates when needed, leading to substantial fuel savings, increased efficiency, and zero emissions.

The system is almost entirely Indian-made, with key components like the chopper, Vehicle Control Unit (VCU), and driver display designed and manufactured by CCSL itself. This innovation includes several technological firsts, such as high-voltage battery integration with choppers and a CAN-based VCU. Beyond the environmental advantages, the new propulsion system also improves safety with features like digital displays and CCTV monitoring. It offers a scalable and cost-effective solution for converting existing diesel locomotives, solidifying Concord Control Systems' role as a leader in Indian railway technology.

Advertisement:

30% OFF on all DSIJ Investor and Trader Services

About the Company

Concord Control Systems Ltd, incorporated in 2011, is a key player in the electrical machinery sector, primarily serving Indian Railways. The company is ISO 9001:2015 certified and recognised as an OEM and RDSO-approved manufacturer. Concord's product portfolio spans railway electrification and coaching, including battery chargers, control panels, testing machines, emergency lighting, and fans. The company is transitioning from a product supplier to a solution provider, with ongoing development of a prototype for control and relay panels. Concord operates manufacturing facilities in Lucknow, Bengaluru, and Hyderabad, and serves both government and private clients, including major entities like Rail Coach Factory Kapurthala and Larsen & Toubro. As of H1FY25, Concord's order book stands at Rs 206 crore, reflecting a steady growth trajectory.

On Friday, the shares of Concord Control Systems Limited jumped 8.53 per cent and made a fresh 52-week high of Rs 2,466.95 per share from its previous closing of Rs 2,273 per share. Concord Control Systems Limited has a market capitalisation of over Rs 1,500 crore. 3 ace investors, Mukul Mahavir Agrawal holds 2,40,000 shares or 3.81 per cent stake and Ashish Kacholia hold 76,433 shares or a 1.21 per cent stake in the company. Additionally, Asha Mukul Agrawal (wife of Mukul Mahavir Agrawal) bought 95,542 shares or a 1.52 per cent stake. The stock has given multibagger returns of 154 per cent from its 52-week low of Rs 971.15 per share and a whopping 370 per cent in 2 years. 

Disclaimer: The article is for informational purposes only and not investment advice.