India, Jan. 16 -- This Railway stock, engaged in designing, developing, and supplying railway safety systems, embedded solutions, and turnkey projects for collision avoidance and signalling, jumped 13.27 percent after receiving an order worth Rs. 2,465.71 crore from Chittaranjan Locomotive Works for KAVACH loco equipment.

With a market capitalization of Rs. 2,310.79 crores, the share of Kernex Microsystems (India) Limited has reached an intraday high of Rs. 1,422.50 per equity share, rising nearly 13.27 percent from its previous day's close price of Rs. 1,255.90. Since then, the stock has retreated and is currently trading at Rs. 1,378.80 per equity share.

Kernex Microsystems (India) Limited has received a major domestic order worth Rs...