DCX Systems gains on bagging export order from Elta Systems
DCX Systems is currently trading at Rs. 363.90, up by 5.70 points or 1.59% from its previous closing of Rs. 358.20 on the BSE.
The scrip opened at Rs. 364.95 and has touched a high and low of Rs. 369.50 and Rs. 361.10 respectively. So far 49424 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 451.90 on 03-Jul-2024 and a 52 week low of Rs. 235.00 on 13-Mar-2024.
Last one week high and low of the scrip stood at Rs. 369.50 and Rs. 335.35 respectively. The current market cap of the company is Rs. 4037.76 crore.
The promoters holding in the company stood at 57.12%, while Institutions and Non-Institutions held 8.65% and 34.23% respectively.
DCX Systems has received export purchase order worth $2,261,769.60 (Equivalent to about Rs 19.33 crore at exchange rate of $1 = Rs 85.50) from Elta Systems, Israel. The company has bagged order for manufacturing and supply of Backplane Module Assemblies.
Earlier, the company had received export order from M/s. Lockheed Martin Global Inc, USA for $54,798,120.00 (Equivalent to about Rs 460.30 crore at exchange rate of $1= Rs 84).
DCX Systems is primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies, and are also involved in kitting.