Kernex Microsystems (India) rises after order win

Kernex Microsystems (India)

24/04/2024 05:41

** Shares of Kernex Microsystems (India)  KMIL.NS  rise as
much as 4.6% to 562.80 rupees 
    ** The safety and software services maker for railways gets
order worth 82.6 mln rupees (nearly $991,835) from Integral
Coach Factory, Chennai
    ** KMIL stock on track to snap a three-day losing streak, if
gains hold
    ** Stock lost ~3% in March quarter after three straight
quarters of gains
    ** Stock down ~4% YTD, more than doubled in 2023 

   ($1 = 83.2800 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))