Announced Thu, 20 Aug · 11:00 IST
Kernex gets Rs 31.87 crore KAVACH upgrade order from ICF
KERNEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.8%1-day move
₹1885.00
prior close
₹1833.10
base price
In-mkt
timing
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+1.4+2.5+1.8+1.6+2.8—————————
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AI summary
Integral Coach Factory, Chennai, awarded Kernex a domestic order worth Rs 31.87 crore including GST to upgrade onboard KAVACH systems from version 3.2 to 4.0. The scope includes hardware, software, installation, testing, commissioning, warranty and annual maintenance, with completion due by 31 March 2027.
Likely market impact
Adds a government-sector order and may support near-term revenue and order visibility. Execution by March 2027 is a key factor to watch.