Kemex said the company continues to remain strongly focused on its core KAVACH business, where a substantial and long-term opportunity pipeline from Indian Railways continues to evolve.
Kernex Microsystems shares surged after the company announced that it has secured an order worth ₹2,465.71 crore from Chittaranjan Locomotive Works.
In the past one week, the smallcap index tanked 6 per cent, as against the 2.9 per cent fall in BSE Sensex.