The latest update is out from Kernex Microsystems India Ltd. ( (IN:KERNEX) ).
Kernex Microsystems India Ltd. has secured a contract from South Eastern Railways, Kolkata, as part of the KERNEX-MRT Consortium, to supply, install, test, and commission the Kavach system on specific railway routes. The project, valued at Rs. 325.33 Crores, is expected to be completed within 1,000 days, enhancing the company’s position in the railway safety sector and potentially impacting its market presence positively.
More about Kernex Microsystems India Ltd.
Kernex Microsystems India Ltd. operates in the technology sector, focusing on providing advanced safety and signaling solutions for railways. The company is known for its expertise in developing and implementing railway safety systems, with a significant emphasis on the Indian market.
YTD Price Performance: -42.40%
Average Trading Volume: 23,655
Current Market Cap: 13.64B INR
See more data about KERNEX stock on TipRanks’ Stock Analysis page.