India's Kernex Microsystems gains on deal win

Kernex Microsystems (India)

29/08/2025 08:32

** Shares of Kernex Microsystems KMIL.NS rise 3% to 1,025 rupees

** Railway tech firm gets letter of acceptance for project worth 2.10 bln rupees ($24 mln) from Dedicated Freight Corridor Corp

** Project includes survey, design, installation, and commissioning of safety systems and towers

** Stock down 23.8% YTD

($1 = 87.5060 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))