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KERNEX MICROSYS Plunges 6%; BSE IT Index Up 2.6%
Thu, 23 Oct 10:13

KERNEX MICROSYS Plunges 6%; BSE IT Index Up 2.6%Image source: CreativaImages/www.istockphoto.com

KERNEX MICROSYS share price has plunged 6% and is presently trading at Rs 1,247.5.

Meanwhile, the BSE IT index is at 35,451.6 (up 2.6%).

Among the top losers in the BSE IT index today are TANLA SOLUTIONS (down 1.9%) and Eclerx Services (down 1.7%).

Birlasoft (up 8.5%) and Infosys (up 4.2%) are among the top gainers today.

Over the last one year, KERNEX MICROSYS has moved up from Rs 742.1 to Rs 1,247.5, registering a gain of Rs 505.5 (up 68.1%).

On the other hand, the BSE IT index has moved down from 41,833.3 to 35,451.6, registering a loss of 15.3% during the last 12 months.

The top losers among the BSE IT index stocks during this same period were ROUTE MOBILE (down 53.2%), Sonata Software (down 37.8%) and Birlasoft (down 36.2%).

Access Now: 3 Must Own Stocks to Ride the Market Fall

What About the Benchmark Indices?

The BSE Sensex is at 85,193.2 (up 0.9%).

The top gainers among the BSE Sensex today are Infosys (up 4.2%) and HCl Tech. (up 2.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 26,088.7 (up 0.9%). Infosys and HCl Tech. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 81,151.3 to 85,193.2, registering a gain of 4,041.9 points (up 5.0%).

KERNEX MICROSYS Financial Update...

KERNEX MICROSYS net profit grew 107.7% YoY to Rs 74 million for the quarter ended June 2025, compared to a profit of Rs 36 million a year ago. Net sales rose 95.0% to Rs 559 million during the period as against Rs 287 million in April-June 2024.

For the year ended March 2025, KERNEX MICROSYS reported 287.4% increase in net profit to Rs 500 million compared to net loss of Rs 267 million during FY24. Revenue of the company grew 868.3% to Rs 1,898 million during FY25.

The current Price to earnings ratio of KERNEX MICROSYS, based on rolling 12 month earnings, stands at 38.8.


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