Asia
Kernex Microsystems Clinches Order Worth INR675 Million for Supply of Equipment
Kernex Microsystems (India) (NSE:KERNEX, BOM:532686) has secured an order worth 675.3 million Indian rupees from PCMM Office, Patiala, India, according to a Monday filing to the Indian stock exchanges.The contract is for the supply, installation, testing, and commissioning of onboard KAVACH Loco equipment by April 15, 2027.KAVACH is India's indigenous automatic train protection system, which prevents train collisions by continuously monitoring train movement and automatically applying brakes if needed.
BOM:532686NSE:KERNEX
