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'Kavach' makers Kernex & HBL Power Systems rise up to 5%; here's why

Business Standard LogoBusiness Standard9h ago

'Kavach' makers Kernex & HBL Power Systems rise up to 5%; here's why - Business Standard

Quick Summary:

This system alerts the pilot to red signals, applies automatic brakes if needed, and provides an onboard display of signal aspects to ensure safer operation in poor visibility conditions.

Its shares are trading at a price to earnings multiple of 60.19  times with an earning per share of Rs 10.44 per share.

Kernex Microsystems and HBL Power Systems shares soared up to 5 per cent in intraday trade on Thursday.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-05 @ 10:29:55 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 430 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22372188

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 342 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "'Kavach' makers Kernex & HBL Power Systems rise up to 5%; here's why" was covered 9 hours ago by Business Standard, a news publisher based in India.

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