Multibagger stock, April 2 -- Shares of Kernex Microsystems India, which manufactures and sells Safety Systems and Software services for Railways, were locked in the 5% upper circuit for the second consecutive trading session on Wednesday, April 02, reaching Rs.855.55 apiece after the company secured a Kavach order.

On Tuesday, the company informed investors through an exchange filing that a consortium including Kernex secured an order from North Central Railways for a Kavach project worth Rs.85 crore.

"We would like to inform you that 'North Central Railways, Prayagraj' has issued a Letter of Acceptance (LOA) to the KERNEX-KEC CONSORTIUM for the project involving the provision of Kavach (Train Collision Avoidance System), along with To...