Kernex Microsystems Bags 31.87 Cr KAVACH Order From Integral Coach Factory
India, Aug. 20 -- The company is widely engaged in railway safety and signalling solutions, with a key focus on the KAVACH automatic train protection system. The latest order strengthens the company's presence in India's railway safety segment and adds further business visibility for its onboard KAVACH solutions.
The shares of Kernex Microsystems (India) Limited closed at the market price of Rs. 1,837, down by -2.03 percentage, the market capitalisation of this company is Rs. 3,102.62 crore. The P/E Ratio is 16.52 times.
The Order
Kernex Microsystems has received a Rs. 31.87 crore order from Integral Coach Factory (ICF), Chennai for the supply and commissioning of onboard KAVACH equipment.The project involves upgrading the existing KAV...
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