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Business Upturn
10 hours ago
- Business
- Business Upturn
Kernex Microsystems shares rise over 2% after bagging Rs 151 crore KAVACH order from West Central Railway
By Aditya Bhagchandani Published on August 19, 2025, 10:44 IST Shares of Kernex Microsystems (India) Ltd gained over 2% in Monday's trade after the company announced a fresh order win for the Indian Railways' indigenous KAVACH Automatic Train Protection (ATP) system. At 10:43 am, the stock was trading at ₹1,076 apiece on the NSE, up 2.31% (₹24.30) from the previous close of ₹1,051.70. During the session, the stock touched a high of ₹1,079.70 and a low of ₹999.20. Kernex currently commands a market capitalisation of ₹18.10 billion and has delivered sharp gains from its 52-week low of ₹621.55, though still off its high of ₹1,580. The company, through its Kernex–KEC Consortium, secured an order worth ₹151.41 crore (including GST) from West Central Railway, Bhopal Division. The scope of work involves deployment of the KAVACH ATP system on the UHF backbone along with optical fibre cable (OFC) and route diversity. The project will be completed in 600 days across sections including Itarsi–Khandwa and Bina–Ruthiyai . With this contract, Kernex's cumulative KAVACH order book since April 2024 has risen to ₹3,136.53 crore, underscoring strong momentum in the rail safety modernisation drive. Kernex, a niche player in railway safety and signalling solutions, continues to benefit from the government's aggressive push towards rail safety. Analysts say the company's expanding execution pipeline could further support stock performance, though valuations remain on the higher side with a P/E ratio of 36.03. Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
10 hours ago
- Business
- Business Upturn
Kernex Microsystems gains order worth Rs 151 crore from West Central Railways
Shares of Kernex Microsystems (India) Ltd are likely to be in focus after the company announced that it has secured a new order worth ₹151.41 crore (including GST) from West Central Railway, Bhopal Division. The contract has been awarded to the Kernex–KEC Consortium and will involve the provision of the KAVACH indigenous Automatic Train Protection (ATP) system on the UHF backbone along with optical fibre cable (OFC) and route diversity across key railway sections. According to the company's exchange filing, the project has a completion timeline of 600 days and will cover sections including Itarsi (Excl.)–Khandwa (Excl.) and Bina (Excl.)–Ruthiyai , among others in the Bhopal Division. This latest win takes Kernex's cumulative KAVACH order book—including consortium and joint venture partners—since April 1, 2024, to ₹3,136.53 crore. The order underscores the growing adoption of KAVACH, the Indian Railways' indigenous train collision avoidance system, across the network as part of its safety and modernisation drive. Kernex, which specialises in railway signalling and safety solutions, has been a key beneficiary of the government's focus on deploying KAVACH across high-density routes. With this contract, the company has further strengthened its execution pipeline, which now spans several zones of Indian Railways. Disclaimer: This article is for informational purposes only and should not be construed as investment advice. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Standard
09-06-2025
- Business
- Business Standard
Kernex Microsystems hits the roof after JV secures Rs 183-cr KAVACH order from Western Railway
Kernex Microsystems (India) frozen at its upper limit of 5% at Rs 1,292.90 after the company announced that its joint venture, the Kernex-KEC Consortium, has received a letter of acceptance (LoA) worth Rs 182.81 crore from Western Railway. The contract involves the provision of KAVACH Version 4.0 or the latest (formerly known as Train Collision Avoidance System TCAS), including the deployment of a communication backbone based on UHF and OFC on the PalanpurSamakhiyaliGandhidham section under the Ahmedabad Division of Western Railway. The project is valued at Rs 182.81 crore and is scheduled to be executed within 730 days. Kernex holds a 70% stake in the consortium. Kernex Microsystems (India) is engaged in the manufacture and sale of safety systems and software services for railways. The company's consolidated net profit surged 358.2% to Rs 32.59 crore on an 829.9% rise in total income to Rs 83.69 crore in Q4 FY25 over Q4 FY24.
Business Standard
07-06-2025
- Business
- Business Standard
Kernex Microsystems JV bags Rs 183-cr KAVACH order from Western Railway
Kernex Microsystems (India) announced that its joint venture, the Kernex-KEC Consortium, has received a Letter of Acceptance (LoA) worth Rs 182.81 crore from Western Railway. The contract involves the provision of KAVACH Version 4.0 or the latest (formerly known as Train Collision Avoidance System TCAS), including the deployment of a communication backbone based on UHF and OFC on the PalanpurSamakhiyaliGandhidham section under the Ahmedabad Division of Western Railway. The project is valued at Rs 182.81 crore and is scheduled to be executed within 730 days. Kernex holds a 70% stake in the consortium. Kernex Microsystems (India) is engaged in the manufacture and sale of safety systems and software services for railways. The company's consolidated net profit surged 358.2% to Rs 32.59 crore on an 829.9% rise in total income to Rs 83.69 crore in Q4 FY25 over Q4 FY24. Shares of Kernex Microsystems (India) rose 0.83% to close at Rs 1,234.20 on Friday, 6 June 2025.
Business Standard
07-06-2025
- Business
- Business Standard
Kernex Microsystems JV wins Western Railways' KAVACH project of Rs 182 cr
Kernex Microsystems (India) announced that the Western Railways, Ahmedabad has issued a letter of Acceptance (LOA) to KERNEX- KEC CONSORTIUM for the project viz, for Provision of KAVACH Version 4.0 or latest (formerly known as Train Collision A voidance System-TCAS), including provision of communication back bone based on UHF and OFC on Palanpur - Samakhiyali - Gandhidham Section on Ahmedabad Division of Western Railway. The Company is partner of the said Joint venture with a share of70%. The accepted Bid cost for the project is Rs. 182.81 crore (IncI. GST@18%). The Completion period is 730 days from the date of LoA. Powered by Capital Market - Live News
