Kernex Microsystems announces JV with Bharat Heavy Engineering; here's whyKernex Microsystems announces JV with Bharat Heavy Engineering; here's why

Introduction

Leading railway technology company entered joint venture agreement with Bharat Heavy Engineering Private Limited to develop Moving Block System with ATS and ATO on Kavach platform.

Share price movement of Kernex Microsystems

On March 9, 2026, Kernex Microsystems India Ltd opened at ₹1,040.70, up 0.52% from its previous close of ₹1,035.30. The stock reached a high of ₹1,040.70 (0.52%) and a low of ₹953.00. By 11:34 AM, it traded at ₹990.00, a 4.38% decrease, with a market cap of ₹1,663.44 crore.

Kernex Microsystems Forms JV with BHEPL

Kernex Microsystems (India) Limited signed a joint venture agreement with Bharat Heavy Engineering Private Limited. The disclosure came under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The joint venture aims to develop a Moving Block System integrated with ATS and ATO on the Kavach platform and Centralized Traffic Control system for railway signalling technology.

Kernex Microsystems (India) Limited will hold a 51% stake in the proposed joint venture, while Bharat Heavy Engineering Private Limited will hold 49%. Shareholding ratio may change based on project scope.

Stock performance of Kernex Microsystems for period of 1 week, 6 months, and 1 year

Kernex Microsystems India Ltd declined 1.18% over the past week. The stock fell 7.27% in the past 6 months and gained 27.9% over the past 1 year.

Shareholding pattern of Kernex Microsystems

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	28.90%	29.00%	29.00%
FII	0.10%	0.50%	0.50%
DII	0.10%	0.50%	1.20%
Public	70.90%	70.00%	69.30%

About Kernex Microsystems

Kernex Microsystems (India) Ltd (NSE: KERNEX) develops railway safety and signalling systems. The company provides anti-collision devices, train collision avoidance systems, and automatic level crossing solutions.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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