Corporate Actions

Kernex Microsystems jumps 3.46% after securing a Rs 66.62 crore order from Integral Coach Factory

02-Aug-26   09:34 Hrs IST
Kernex Microsystems (India) Ltd. is up 3.46% to Rs 2291.7 today, building on recent momentum that has seen the stock rise 3.92% over the last week. Kernex Microsystems (India) Limited announced that it has been awarded an order valued at Rs 66.62 Crores (including GST) from Integral Coach Factory, Chennai, for the supply, installation, interfacing, testing, and commissioning of on-board KAVACH equipment for EMU/MEMU, with completion expected on or before March 31, 2028. The order, awarded domestically, encompasses warranty and CAMC services and falls outside of any related party transactions, according to a regulatory filing. Trading volume totaled 78321 shares today, a decrease of 20.01% from the one-week average volume. Kernex Microsystems (India) Ltd. jumped by 109.63% year-over-year, outperforming the 1.55% loss registered by the NIFTY50 index.

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