Kernex Microsystems shines as its consortium secures contract worth Rs 151.41 crore
Kernex Microsystems (India) is currently trading at Rs. 1106.00, up by 51.90 points or 4.92% from its previous closing of Rs. 1054.10 on the BSE.
The scrip opened at Rs. 1001.40 and has touched a high and low of Rs. 1106.80 and Rs. 1001.40 respectively. So far 58985 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 1584.00 on 17-Dec-2024 and a 52 week low of Rs. 625.55 on 18-Mar-2025.
Last one week high and low of the scrip stood at Rs. 1191.00 and Rs. 1001.40 respectively. The current market cap of the company is Rs. 1853.51 crore.
The promoters holding in the company stood at 28.97%, while Institutions and Non-Institutions held 1.69% and 69.34% respectively.
Kernex Microsystems (India) in consortium with KEC has secured contract worth Rs 151.41 crore (including 18% GST) from West Central Railways. West Central Railways, Bhopal has issued a letter of Acceptances (LOA) to KERNEX- KEC Consortium for provision of KAVACH (indigenous ATP system) on UHF backbone along with OFC with route diversity in Itarsi (Excluding)-Khandwa (Excluding), Bina (Excluding)-Ruthiyai and associated sections of Bhopal Division, West Central Railway. The contract is to be completed within 600 days.
Kernex Microsystems (India) is an ISO 9001:2000 certified company with expertise in Software, Hardware development and Systems Integration.
