Kernex wins Rs 411 Cr KAVACH loco equipment order from BLW

Order above 5% of revenueGovernment or defence orderBusiness Updates View source PDF Explain this filing

KERNEX · price

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Price reactionminutes from the announcement price · days from the prior close

-4.2%Reaction day

₹1238.00

prior close

₹1285.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-3.7% vs market

Transport Services peers, median of 64sector · industry level+0.0%-4.3% vs sector

On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250 and 4.3 pts less than its Transport Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.2

10m

-2.5

15m

-2.0

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.2-0.5-3.7+0.0-4.3

Next day

-5.6-2.0-3.6-1.9-3.7

-6.0-2.7-3.3-2.4-3.6

-6.3-1.7-4.6-2.2-4.1

-8.2-1.4-6.8-2.3-6.0

-11.0-2.8-8.2-3.2-7.8

-11.0-2.8-8.1-4.1-6.9

15d

-16.0-8.4-7.6-11.0-5.0

-19.8-9.1-10.7-11.3-8.5

-5.5-4.0-1.5-8.6+3.1

+9.8+2.6+7.1-6.3+16.0

UpDownMarket · Nifty Microcap 250Sector · Transport Services peers, median of 64Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Kernex Microsystems has won a Rs 411.17 Crore (incl. GST) order from Banaras Locomotive Works (BLW), Varanasi, a government unit under Indian Railways. The order is for supply, installation, testing and commissioning of 505 On-board KAVACH Loco safety equipment as per RDSO specifications. KAVACH is India's indigenous automatic train protection system. Delivery timeline is 12 months from the purchase order date. The order is domestic and not a related-party transaction.

Likely market impact

Large order significantly boosts order book; positive for revenue visibility over the next 12 months.