Kavach boost: Kernex Microsystems shares hit upper circuit, HBL Power Systems shares at 52-week high
The government is planning to expedite the adoption of the Kavach system in the wake of the Odisha accident. Kavach was introduced as part of the Atmanirbhar Bharat initiative in Budget 2022.
Shares of Kernex Microsystems continued witnessing strong traction as they were locked in their 5 per cent upper circuit of ₹328 in morning trade on BSE on Wednesday (June 7), looking set to extend their winning run into the sixth consecutive session. The stock has clocked a strong gain of about 29 per cent in the last six sessions.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started