The stock of transport related services company Kernex microsystems has hit an upper circuit during Friday's trading. The company has informed the stock market that it has received a big order from Indian Railways. This order is so big that after the upper circuit, the company's market cap on BSE is less than this order size. According to the company, it has received this order for on-board armor system. This system is to make the rail service safe and Indian Railways is continuously expanding this system in the country.

What information has the company given?
 

The company has said in the information given to the stock market that Chittaranjan Locomotive Works Chittaranjan has given an order to the company for the supply, installation, testing and commissioning of on-board armor system. The size of the order is Rs 2041.4 crore. Today, the stock has hit an upper circuit and even after this rise, the market cap of the company is only Rs 1910 crore. According to the company, it has to supply and install 2500 sets of on-board armor equipment. The company has to complete this order in one year i.e. by 5 December 2025. How was the performance of the stock? After the news, an upper circuit has been seen in the stock. The price band for the company has been fixed at 5 percent. The stock rose to this limit to reach the level of 1140.15 and remained at this level in the last hour of trading. The one-year high of the stock is 1187 and the one-year low is 333.55. The company had recorded its lowest level of the year on June 12. The highest level was recorded in the last session itself, that is, the stock has given a return of 256 percent in 6 months.