Announced Tue, 14 Jul · 11:34 IST
Kernex Microsys gets Rs 100.53 crore order from Integral Coach Factory
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
-2.1%1-day move
₹2236.00
prior close
₹2205.30
base price
In-mkt
timing
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+0.2+0.5-0.3+0.6-2.1-5.0-8.9-5.5-4.5-0.8————
Up moveDown movePending
AI summary
Kernex Microsys has received a Letter of Acceptance from Integral Coach Factory, a government of India enterprise under the Ministry of Railways, for supply, installation and interfacing work valued at Rs 100.53 crore including GST. The order strengthens the company's railway segment order book and adds to its revenue visibility.
Likely market impact
Positive for order book and revenue visibility. Significant government railway order reinforces the company's core business pipeline.