Kernex Microsystems (India) Limited — New Orders, 27-02-2025: Bagging/Receiving of orders/contracts

Kernex Microsystems has received a Letter of Acceptance from the South Eastern Railways for a significant project involving the Supply, Installation, Testing, and Commissioning of the Kavach system across GO and GO routes (688 RKM). The awarded contract value stands at ₹325.33 Crores, inclusive of GST, with a completion timeline of 1,000 days from the appointed date. Kernex leads the consortium for this project, marking a noteworthy expansion in their operational capabilities. This contract not only bolsters their order book but also underscores their role in essential railway safety initiatives. Investors should view this development positively, as it reflects potential growth opportunities within the domestic transportation sector.