Quadrant Future Tek's shares rose 2.03% to ₹318.50 after the company secured a ₹20.19 crore letter of acceptance from Patiala Locomotive Works (PLW) for the supply, installation, testing, and commissioning of KAVACH Loco Equipment Ver-4.0. The project will be executed in three phases, with the final delivery scheduled for April 15, 2027. This contract is significant for Quadrant Future Tek, which specializes in developing advanced train control and signaling systems aimed at enhancing rail safety and reliability. The company also manufactures specialty cables for the railway and naval sectors. Despite this positive development, Quadrant Future Tek reported a standalone net loss of ₹14.70 crore for Q3 FY26, compared to a loss of ₹8.45 crore in the same quarter of the previous fiscal year. However, net sales saw a 23.2% increase year-on-year, reaching ₹33.28 crore.