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The contract covers the supply, installation, testing and commissioning of onboard KAVACH 4.0 equipment. The company confirmed that promoters and group companies have no interest in the awarding entity, and the order does not qualify as a related party transaction. Concord Control Systems is India's leading manufacturer of embedded electronics systems and critical electronic solutions supporting India's next-generation rail infrastructure. The company is an RDSO-approved OEM and technology leader delivering advanced electrical and electronic systems for Indian Railways. On a consolidated basis, the company had reported 93.48% jump in net profit to Rs 16.02 crore on a 63.92% increase in revenue to Rs 81.55 crore in H1 FY26 over H1 FY25. Shares of Concord Control Systems added 1.58% to end at Rs 2,435 on the BSE.Powered by Capital Market - Live

The contract is slated for execution over four years post-mobilization, with key terms including mobilization of machines, manpower, and resources within 45 days; construction of the approach road by SWPE; and adherence to safety, labor, environmental, and mining engineering standards, while statutory and environmental clearances will be arranged by HMESPL. SWPEL is an integrated service provider, providing end-to-end drilling & exploration of natural resources, viz., coal, ferrous, non-ferrous & atomic minerals, conventional & non-conventional oil & gas, and groundwater investigation. The company's consolidated net profit surged 121.6% to Rs 9.22 crore on a 29.1% increase in net sales to Rs 62.67 crore in Q3 FY26 over Q3 FY25. Shares of South West Pinnacle Exploration rose 0.14% to end at Rs 183.30 on the BSE on Friday.Powered by Capital Market - Live

Globe Civil Projects has been declared the lowest bidder for a tender floated by IIT, Delhi for construction of residential building and allied services valued at Rs 98.84 crore. Powered by Capital Market - Live