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Kernex Microsystems: Stock jumps 4% after forming partnership with Venkata Rami Reddy Constructions

Kernex Microsystems (India) Limited has entered a joint venture with Venkata Rami Reddy Constructions to upgrade Kavach systems and execute future railway projects, holding an 80:20 equity share.

Introduction

Leading railway technology and systems provider has formed a joint venture with Venkata Rami Reddy Constructions to upgrade Kavach systems and execute future projects, holding majority equity and maintaining operational control.

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Share price movement of Kernex Microsystems

On September 18, 2025, Kernex Microsystems India Ltd opened at ₹1,085.30, up 0.87% from its previous close of ₹1,076.00. The stock touched a high of ₹1,129.80 (4.99%) and a low of ₹1,057.95. By 2:46 PM, it traded at ₹1,112.70, a 3.41% increase, with a market cap of ₹1,864.82 crore.

Kernex Microsystems Enters Joint Venture with VRRC

Kernex Microsystems (India) Limited has entered a joint venture agreement with Venkata Rami Reddy Constructions (VRRC) for upgrading Kavach Version 3.2 to 4.0 across South Central Railway sections and executing future awarded projects.

Under the joint venture, Kernex Microsystems will hold an 80% share, and VRRC 20%. The agreement provides no management control or rights for VRRC, and there are no related party transactions or promoter involvement in the venture.

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

Kernex Microsystems India Ltd delivered a -2.13% return over the past week, gained 39.8% in the past six months. The stock advanced 25.0% over the past year.

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Shareholding pattern of Kernex Microsystems

ParticularsJun 2025Mar 2025Dec 2024
Promoter29.00%29.10%29.10%
FII0.50%0.10%1.20%
DII1.20%1.20%0.80%
Public69.30%69.70%69.00%

About Kernex Microsystems

Kernex Microsystems India Ltd (NSE: KERNEX), incorporated in 1991, is an ISO 9001:2015 certified company specializing in railway safety systems, anti-collision devices, signal systems, and turnkey electronic solutions with global reach.

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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.

FAQs

Q: Why is Kernex Microsystems (India) Limited share price going up today?

A: Kernex Microsystems (India) Limited shares are rising after announcing a joint venture with VRRC to upgrade Kavach systems.

Q: What does Kernex Microsystems (India) Limited specialize in?

A: Kernex Microsystems (India) Limited specializes in railway safety solutions, anti-collision devices, train protection systems, and turnkey electronic projects.

Q: What is the market capitalization of Kernex Microsystems (India) Limited?

A: The market capitalization of Kernex Microsystems (India) Limited currently stands at approximately ₹1,864.82 crore as of September 18, 2025.

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