THREE KAVACH STOCKS TO ADD TO YOUR WATCHLIST

The FY27 Union Budget is reportedly looking to significantly increase safety-related expenditure for Indian Railways which could be upto the tune of Rs 1.3 lakh crore. If finalized, this would be the largest allocation ever for railway safety initiatives. The increase in rail safety is a response to high-profile derailments. This increase in budget is expected to benefit companies that manufacture the Kavach system, especially given its role in preventing train accidents. Kavach is also a key focus area of the government under India’s Mission Raftar initiative. It is an indigenously manufactured, designed, and patented product, jointly owned by Indian Railways and three Original Equipment Manufacturers (OEMs) namely

, , and CONCORD CONTROL SYSTEMS The system automatically applies brakes when crossing a signal at danger or exceeding the speed limit, helping prevent accidents.