Kernex Microsystems (India) is trading at RS 1323.70, up by 67.80 points or 5.40% from its previous close of RS 1255.90 on the BSE.
The stock opened at RS 1400.00 and has recorded an intraday high of RS 1422.50 and a low of RS 1301.00 so far. A total of 54,369 shares have been traded on the counter.
The BSE Group ‘B’ stock, with a face value of RS 10, has touched a 52-week high of RS 1460.00 on 21-Jan-2025 and a 52-week low of RS 625.55 on 18-Mar-2025.
Over the past week, the stock has traded between a high of RS 1422.50 and a low of RS 1011.00. The company’s current market capitalization stands at RS 2,194.40 crore.
Promoters currently hold 28.97% stake in the company, while institutional investors hold 0.99% and non-institutional investors hold 70.04%.
In a significant development, Kernex Microsystems (India) has secured an order worth RS 2,465.71 crore from Chittaranjan Locomotive Works (CLW), Barddhaman, for the supply, installation, testing, and commissioning of 3,024 On-board KAVACH Loco Equipment sets. This major contract strengthens the company’s revenue outlook and solidifies its position in the railway safety segment.
Kernex Microsystems (India) is an ISO 9001:2000 certified firm with capabilities in software and hardware development as well as systems integration.