11 Aug, EOD - Indian

Nifty Smallcap 100 17491.7 (0.36)

Nifty Pharma 21604.65 (0.95)

Nifty IT 34544.65 (0.42)

Nifty Next 50 66283.95 (1.17)

SENSEX 80604.08 (0.93)

Nifty Midcap 100 56479 (0.85)

Nifty 50 24585.05 (0.91)

Nifty Bank 55510.75 (0.92)

11 Aug, EOD - Global

NIKKEI 225 41820.48 (1.85)

HANG SENG 24906.81 (0.19)

S&P 6411 (-0.23)


Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(09 Jun 2025, 09:42)

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 Palanpur–Samakhiyali–Gandhidham 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.

On a consolidated basis, the company reported net profit of Rs 32.59 crore in Q4 March 2025 as against net loss of Rs 12.62 crore in Q4 March 2024. Net sales soared 832.32% YoY to Rs 83.07 crore in Q4 March 2025.

More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +