Kernex Microsystems (India) Limited (532686) Rises 5% on Sept 3

MUMBAI: Shares of Kernex Microsystems (India) Limited (BOM:532686) last traded at 36.75INR, representing a move of 5%, or 1.75INR per share, on volume of 10,934 shares. After opening the trading day at 35INR, shares of Kernex Microsystems (India) Limited traded in a close range. Kernex Microsystems (India) Limited currently has a total float of 12.50 million shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 31.5INR and high of 60INR.

Kernex Microsystems Limited is an India company, which is engaged in the manufacture and sale of safety systems and software services for railways. The company has market cap of $454.02 million. The Company’s principal activities include operational maintenance of anti-collision devices for railways; supply of Train Collision Avoidance Systems (TCAS) units, and installation of Lxcs Gates for Egyptian National Railways. It currently has negative earnings. The Firm provides a range of value-added embedded research and development (R&D) services and electronics manufacturing services (EMS/CEM) to its customers.