Quadrant Future Tek Shares Surge 5% on ₹230 Crore KAVACH 4.0 Order Win

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CNBC TV18•29-01-2026, 11:05
Quadrant Future Tek Shares Surge 5% on ₹230 Crore KAVACH 4.0 Order Win
- •Quadrant Future Tek Ltd. secured a ₹230.42 crore contract from Integral Coach Factory, Chennai (ICF).
- •The order involves supplying, retrofitting, testing, and commissioning 192 Onboard KAVACH Equipment Ver- 4.0.
- •The contract also includes warranty and long-term annual maintenance, with execution expected within 12 months.
- •Quadrant Future Tek specializes in train control and signaling systems for Indian Railways' KAVACH project and manufactures specialty cables for railways, naval defense, solar, and EV segments.
- •Following the announcement, the company's shares surged 5% to an intraday high of ₹318.6, later settling at ₹312.45.
Why It Matters: Quadrant Future Tek's shares jumped after securing a significant ₹230 crore KAVACH 4.0 equipment order.
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