Kernex Microsystems shares rise 2% after Rs 411 cr order from Banaras Locomotive Works

Kernex Microsystems share price

Kernex Microsystems’ share price rose 2 percent in the opening trade on February 12 after the company secured a contract worth ₹411.17 crore.

At 09:17am, Kernex Microsystems (India) was quoting at Rs 1,269.80, up Rs 31.80, or 2.57 percent, on the BSE.

Banaras Locomotive Works (BLW), Varanasi, has awarded the company an order for the supply, installation, testing, and commissioning of 505 onboard KAVACH locomotive equipment systems.

Separately, the company has informed that a meeting of its board of directors is scheduled to be held on February 12, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025.

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Last month, Chittaranjan Locomotive Works (CLW), Chittaranjan, Barddhaman, awarded the company an order worth ₹2,465.71 crore for the supply, installation, testing, and commissioning of 3,024 sets of onboard KAVACH locomotive equipment.

The stock has rallied 56 percent over the past nine months.

The share had touched a 52-week high of ₹1,433.95 on October 15, 2025, and a 52-week low of ₹625.55 on March 18, 2025. Currently, the stock is trading 13.67 percent below its 52-week high and 97.91 percent above its 52-week low. The company’s market capitalisation stands at ₹2,080.14 crore.