Kernex Microsystems Hits Upper Circuit Limit Amid Strong Market Interest and Trading Activity

Apr 02 2025 10:00 AM IST
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Kernex Microsystems (India) Ltd, a small-cap IT software firm, reached its upper circuit limit today, achieving an intraday high of Rs 859.55. The stock exhibited strong trading activity with a notable volume and turnover, while also showing consecutive gains over the past two days, indicating positive market momentum.
Kernex Microsystems (India) Ltd, a small-cap player in the IT software industry, has made headlines today by hitting its upper circuit limit. The stock reached an impressive intraday high of Rs 859.55, reflecting a notable change of Rs 38.95, or 5.0%. This performance marks a significant outperformance against its sector, which saw a mere 0.02% increase.

Trading activity was robust, with a total traded volume of approximately 0.60267 lakh shares and a turnover of Rs 4.87 crore. The stock opened with a gap up of 5%, indicating strong market interest at the start of the trading session. Over the past two days, Kernex Microsystems has shown a consecutive gain, accumulating a total return of 10.24%.

In terms of moving averages, the stock is currently above its 5-day and 20-day averages, although it remains below the 50-day, 100-day, and 200-day averages. Despite a decline in delivery volume, which fell by 65.56% compared to the 5-day average, the stock's liquidity remains adequate for trading.

Overall, Kernex Microsystems has demonstrated strong performance today, reflecting positive momentum in the market.
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