Kernex Microsystems (India) reports profit of Rs3.04cr in Q4; stock ends 5% higher

The sales jumped by 2049.23% to Rs13.97cr in the quarter ended March 2021 as against Rs0.65cr during the previous quarter ended March 2020.

Jun 21, 2021 05:06 IST India Infoline News Service

Result Analysis
Shares of Kernex Microsystems (India) ended 5% higher post Q4 numbers. The net profit of the company at Rs3.04cr in the quarter ended March 2021 as against a net loss of Rs8.15cr during the previous quarter ended March 2020.

The sales jumped by 2049.23% to Rs13.97cr in the quarter ended March 2021 as against Rs0.65cr during the previous quarter ended March 2020.

The stock ended at Rs77.05 up by Rs3.65 or 4.97% from its previous closing of Rs73.40 on the BSE. The scrip opened at Rs77 and has touched a high and low of Rs77.05 and Rs75 respectively.

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