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Kernex Microsystems shares gained nearly 4% after the company secured a Rs 15.9 crore order from Jindal Steel for an advanced Yard Safety Management and Automation System. The project includes the design, supply, installation, testing, and commissioning of a proprietary Torpedo and Loco Tracking System aimed at improving operational efficiency and industrial safety.
Industry analysts stated that the contract strengthens Kernex Microsystems’ position beyond railway safety systems and expands its footprint into industrial automation solutions for the steel sector. The company is widely known for its railway signaling, anti-collision technologies, and automation systems used across transportation infrastructure projects.
Market participants viewed the order positively as it highlights increasing adoption of smart automation and digital monitoring technologies in steel manufacturing operations. Experts believe such systems can help improve safety standards, material tracking, and operational productivity within large integrated steel plants.
The latest order also adds to Kernex Microsystems’ growing order book following multiple railway and industrial contracts secured during the year. Analysts expect continued investments in industrial automation, logistics optimization, and smart manufacturing systems to support long-term growth opportunities for technology providers serving India’s expanding steel and infrastructure sectors.
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