traded marginally higher on Tuesday at ₹551.95, up 0.18 per cent, following the company’s announcement of a major government contract win worth approximately ₹364 crore.
The Mumbai-based facility management firm has secured a three-year mandate from Medical Services Corporation Ltd. (TNMSCL) to provide housekeeping, security, and allied facility management services across 167 government healthcare institutions in the state. The contract covers the North and West zones of Tamil Nadu, spanning over 20,000 hospital beds across district hospitals, medical colleges, and other public healthcare facilities.
The project will require the deployment of over 5,000 trained personnel. TNMSCL is the state government agency responsible for procurement and operational support across public healthcare institutions in Tamil Nadu.
The stock, listed on both and has a total market capitalisation of ₹771.18 crore. Trading volumes remained thin on Tuesday, with only 0.05 lakh shares changing hands. The scrip is currently trading well below its 52-week high of ₹729.50 touched in September 2025, though it remains above its 52-week low of ₹423.05 from April 2025. The stock’s annualised volatility stands at 53.88 per cent.
CEO Sanjay Dighe said the mandate represented a significant milestone for the company, citing the operational demands of high-volume public healthcare environments.
Established in 2000, Krystal offers integrated facility management, staffing, security, and catering services. The company’s customer base grew from 262 to 461 between FY21 and FY25, with operational locations expanding from 1,962 to 3,209 across India. The contract is expected to further consolidate its foothold in the government and healthcare segments.