Shares of Krystal Integrated Services surged 6.71% to ₹558.50 in Thursday’s trading session, marking a sharp rise of ₹35.10 from the previous close of ₹523.40. The rally comes after the company announced a major contract win from Tamil Nadu Medical Services Corporation Limited.
The contract, valued at approximately ₹348.91 crore, involves providing housekeeping and security services to 29 out of 124 medical institutions under the Directorate of Medical Education (DME) on an outsourced basis. The company received the Letter of Intent on April 16, 2025, and the execution period is set at three years.
This domestic contract represents a significant boost to Krystal’s facility management operations in the healthcare sector. According to the official exchange filing, the contract is not a related party transaction and there is no promoter interest in the awarding entity.
At the time of reporting, Krystal’s market capitalization stood at ₹7.79 billion, with a day range between ₹513.50 and ₹559.55. The stock’s P/E ratio is 13.29, and it offers a dividend yield of 0.27%.
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