Kernex Microsystems has secured a ₹411.17 crore contract from Banaras Locomotive Works (BLW). The order involves the supply, installation, testing, and commissioning of 505 onboard KAVACH locomotive equipment systems, strengthening the company’s presence in India’s railway safety modernization program. Last month, the company also received a much larger ₹2,465.71 crore order from Chittaranjan Locomotive Works (CLW) for 3,024 onboard KAVACH systems, significantly boosting its order book. The stock has rallied 56% in the past nine months. It touched a 52-week high of ₹1,433.95 and a low of ₹625.55. Currently, the stock trades about 14% below its high and nearly 98% above its low. The company’s market capitalisation stands at around ₹2,080 crore. Additionally, the board meeting is scheduled for February 12, 2026, to approve quarterly and nine-month financial results.

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