Kernex Microsystems Achieves Significant Stock Surge Amidst Market Resilience

Jun 04 2025 01:00 PM IST
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Kernex Microsystems (India) Ltd has reached its upper circuit limit, achieving an intraday high of Rs 1165.9 after three days of decline. The stock's trading volume was approximately 1.39 lakh shares, with a turnover of around Rs 16.01 crore, indicating a strong upward trend in its price performance.
Kernex Microsystems (India) Ltd, a small-cap player in the Transport Services industry, has made headlines today by hitting its upper circuit limit. The stock reached an impressive intraday high of Rs 1165.9, reflecting a notable change of Rs 55.5 or 5.0% from its previous close. This performance marks a significant turnaround for the company, as it has gained after three consecutive days of decline.

The total traded volume for the day stood at approximately 1.39 lakh shares, resulting in a turnover of around Rs 16.01 crore. Kernex Microsystems is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance.

Despite a decrease in delivery volume, which fell by 56.39% compared to the 5-day average, the stock has outperformed its sector by 4.8%. With a market capitalization of Rs 1,907 crore, Kernex Microsystems continues to demonstrate resilience in a competitive market landscape. Overall, today's performance highlights a positive shift for the company, reinforcing its position within the transport services sector.
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