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The contract, valued at Rs 67.53 crore, involves deployment of KAVACH systems in accordance with RDSO Specification No. RDSO/SPN/196/2020 (Version 4.0 or latest), the company said in a regulatory filing.
The scope of work includes end-to-end execution covering supply, installation, testing and commissioning of the onboard equipment.
The order is to be executed on or before 15 April 2027.
Kernex Microsystems clarified that the contract has been awarded by a domestic entity and does not fall under related party transactions. The company also confirmed that neither the promoter nor promoter group has any interest in the awarding entity.
Kernex Microsystems (India) is engaged in the manufacture and sale of safety systems and software services for railways.
Kernex Microsystems (India) reported a 15.88% fall in consolidated net profit to Rs 6.04 crore despite a 97.23% increase in revenue to Rs 72.60 crore in Q3 FY26 as compared with Q3 FY25.
Shares of Kernex Microsystems (India) rose 0.84% to Rs 1,175.95 on the BSE.
The project is scheduled to be completed on or before 15 February 2027. The company clarified that neither its promoter nor its promoter group entities have any interest in the awarding authority.
The company had reported a 15.88% fall in consolidated net profit to Rs 6.04 crore despite a 97.23% increase in revenue to Rs 72.60 crore in Q3 FY26 as compared with Q3 FY25.
The proposed venture will focus on building a Moving Block System integrated with Automatic Train Supervision (ATS) and Automatic Train Operation (ATO) on the Kavach platform along with Centralized Traffic Control (CTC) systems.
Under the proposed structure, Kernex will hold a 51% stake while Bharat Heavy Engineering will hold 49%, with flexibility to adjust the shareholding depending on project scope.
The company had reported 15.88% fall in consolidated net profit to Rs 6.04 crore despite a 97.23% increase in revenue to Rs 72.60 crore in Q3 FY26 as compared with Q3 FY25.
The scrip was currently down 5.80%, trading at Rs 975.25 apiece on the BSE.
California Software Company Ltd Partly Paidup, Kernex Microsystems (India) Ltd, Rollatainers Ltd and Palm Jewels Ltd are among the other losers in the BSE's 'B' group today, 12 January 2026.
Worth Peripherals Ltd lost 12.17% to Rs 134.9 at 14:31 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 697 shares were traded on the counter so far as against the average daily volumes of 482 shares in the past one month.
California Software Company Ltd Partly Paidup tumbled 10.20% to Rs 4.4. The stock was the second biggest loser in 'B' group.On the BSE, 1849 shares were traded on the counter so far as against the average daily volumes of 2259 shares in the past one month.
Kernex Microsystems (India) Ltd crashed 9.53% to Rs 1090. The stock was the third biggest loser in 'B' group.On the BSE, 81509 shares were traded on the counter so far as against the average daily volumes of 13390 shares in the past one month.
Rollatainers Ltd pared 9.50% to Rs 1.62. The stock was the fourth biggest loser in 'B' group.On the BSE, 12286 shares were traded on the counter so far as against the average daily volumes of 3.23 lakh shares in the past one month.
Palm Jewels Ltd dropped 9.44% to Rs 20.53. The stock was the fifth biggest loser in 'B' group.On the BSE, 26655 shares were traded on the counter so far as against the average daily volumes of 22440 shares in the past one month.
Bondada Engineering has been awarded a prestigious order worth Rs 10.57 crore by Kernex Microsystems (India), Hyderabad. The scope of the order comprises the supply and installation of a 40M Ground-Based, 3-Legged, Fully Tubular Tower, along with its complete foundation works, to be executed at Arokonnam Jolarpettai, falling under the jurisdiction of the Southern Railways region.
This development represents a significant milestone for the Company as it constitutes our second major order within the Railways segment. The award not only reinforces the confidence reposed in our technical expertise and execution capabilities but also strengthens our strategic presence in the rapidly growing railway infrastructure domain.