While there are dozens of railway stocks, one idea that has caught my attention is Concord Control Systems. Besides railway ancillary, the company is working on railway technology. In my personal view, the story will unfold in a big way in the next five years. My view might be biased as I am invested.
Recently, they acquired 90% stake in Advanced Rail Controls. The latter has a robust order book of 140cr. Further, Concord has 50% stake in an IISC start-up that’s working on railway safety technology.
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