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GG Tronics secures ₹433 crore order for Kavach system

after close1 source ↓written by the desknot a recommendation

order from Chittaranjan
₹433 crore
starting
11-year maintenance contract

GG Tronics India Private Ltd has secured a ₹433 crore order from Chittaranjan Locomotive Works for the supply and deployment of the Kavach train collision avoidance system. The project will be executed over one year and includes an 11-year maintenance contract starting from the fifth year. This order enhances safety measures in India's railway sector.

• Order value: ₹433 crore

• Maintenance contract: 3% per annum from year five

• Scope includes installation and integration with locomotives.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 31 Jan 2026, 16:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

CGPOWER closed +2.2% on the day of the news, from ₹584.05 to ₹596.90; Nifty −2.0% over the same session; futures OI −3.6%.

Bulletin at 16:06 IST on 31 Jan 2026. Every change is measured from ₹584.05, the last close before it, on 30 Jan. Nifty 50 is measured over the same sessions.

  • CGPOWER close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
CGPOWER closes around the bulletin against the close before the news, with Nifty 50 rebased to it512.33601.34690.35axis spans 35%before the news · 30 Jan584.05Nifty 50CGPOWERbulletinD0+1+3+523 Jan4 Feb13 FebFutures open interest, lotspeak 23,000Reference close ₹584.05. 16 sessions from 23 Jan to 13 Feb; the price axis spans 35 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before30 Jan₹584.05basebase
On the day1 Feb₹596.90▲ +2.2%▼ −2.0%+4.2 pp difference
+1 session2 Feb₹608.35▲ +4.2%▼ −0.9%+5.1 pp difference
+3 sessions4 Feb₹669.60▲ +14.7%▲ +1.8%+12.8 pp difference
+5 sessions6 Feb₹674.85▲ +15.6%▲ +1.5%+14.1 pp difference
Gap at the open, % · ₹
▲ +1.0%+5.84 on 1 Feb
Day's range, % · ₹
12%≈ 72 high to low
Volume on the day
2.59×the 20-session average
Futures OI on the day
▼ −3.6%−770 lots · short covering · price +2.2%
Futures OI open, lots
21,0001 Feb · 24 Feb expiry
Futures premium, ₹
+0.75+0.1% to spot
Puts per call, by OI
0.75from 0.92 the session before
Max pain
580from 570 the session before

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