Kernex Microsystems climbs on bagging LoI worth Rs 15.90 crore

Kernex Microsystems (India) Ltd. | Electronics - Components | Capital Goods & Industrial Consumables | BSE: 532686 | NSE: KERNEX

29 May 2026 Evaluate

Kernex Microsystems (India) is currently trading at Rs. 1537.45, up by 53.80 points or 3.63% from its previous closing of Rs. 1483.65 on the BSE.

The scrip opened at Rs. 1519.95 and has touched a high and low of Rs. 1572.80 and Rs. 1468.50 respectively. So far 13158 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1620.00 on 08-May-2026 and a 52 week low of Rs. 850.60 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 1,620.00 and Rs. 1,324.80 respectively. The current market cap of the company is Rs. 2568.42 crore.

The promoters holding in the company stood at 28.85%, while Institutions and Non-Institutions held 0.38% and 70.77% respectively.

Kernex Microsystems (India) has received Letter of Intent (LoI) worth Rs 15.90 crore (Excl. GST) from Jindal Steel for the design, supply, installation, testing and commissioning of an advanced Yard Safety Management & Automation System (i.e. Torpedo & Loco Tracking System).

The proposed solution is a proprietary, end-to-end integrated platform developed by the company, combining real-time locomotive tracking, safety interlocking systems, sensor-based field integration, and AI-enabled central command and monitoring software. The system has been conceptualised and engineered as a ground-up industrial safety and automation architecture tailored for large-scale industrial yards.

Kernex Microsystems (India) is an ISO 9001:2000 certified company with expertise in Software, Hardware development and Systems Integration.

Kernex Microsystems Share Price

1890.80 11.50 (0.61%)

04-Jun-2026 16:59 View Price Chart

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