Kernex Microsystems Secures Rs. 67.53 Crore Order for KAVACH Loco Equipment from Patiala
Kernex Microsystems India Ltd has secured a substantial domestic contract worth Rs. 67.53 Crores (including GST). The order has been awarded by the PCMM Office in Patiala for the supply, installation, testing, and commissioning of On-board KAVACH Loco equipment.The contract addresses the provision of specialized railway technology and was structured according to the ROSO Specification No. ROSO/SPN/196/2020, Version 4.0, or the latest version thereof.
The transaction falls under the category of a domestic order and is described as crucial for the railway sector. The awarding entity for the contract is identified as the PCMM Office, Patiala. The entire supply, installation, testing, and commissioning scope covers the specialized KAVACH Loco equipment.
The order, which was awarded to the company, stipulates that it must be executed on or before April 15, 2027. Financial details confirm the total consideration for the contract is Rs. 67.53 Crores, inclusive of GST.
Key details of the contract awarded to Kernex Microsystems India Ltd are summarized below:
| Detail | Information |
|---|---|
| Contract Value | Rs. 67.53 Crores (incl. of GST) |
| Awarding Entity | PCMM Office, Patiala |
| Nature of Order | Supply, Installation, Testing, and Commissioning of On-board KAVACH Loco equipment |
| Specifications | ROSO Specification No. ROSO/SPN/196/2020, ver 4.0 or latest |
| Domestic/International | Domestic |
| Execution Deadline | On or before April 15, 2027 |
KERNEX Stock Price Movement
Shares of Kernex Microsystems (India) Limited are shedding 0.19% in live trading, currently marking ₹1165 as of 1:23 PM. The equity shows notable activity, with 97,166 shares traded, indicating market attention despite the slight intraday dip.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.