India's Kernex Microsystems slips on missing order deadline

Kernex Microsystems (India)

12/01/2026 04:43

** Kernex Microsystems KMIL.NS slips as much as 15.9% to nearly one-month low of 1,011 rupees; last down 9.3%

** Railway tech firm could not complete order placed by Chittaranjan Locomotive Works within stipulated timeline

** Co's request for extension of delivery period rejected by Chittaranjan Locomotive Works

** KMIL fell 9.4% in 2025

 (Reporting by Brijesh Patel in Bengaluru)

 ((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))