DCX Systems moves up on bagging orders worth Rs 28.59 crore
DCX Systems is currently trading at Rs. 296.75, up by 0.85 points or 0.29% from its previous closing of Rs. 295.90 on the BSE.
The scrip opened at Rs. 299.35 and has touched a high and low of Rs. 302.25 and Rs. 296.05 respectively. So far 22448 shares were traded on the counter.
The BSE group 'A' 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. 200.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 304.50 and Rs. 285.05 respectively. The current market cap of the company is Rs. 3310.96 crore.
The promoters holding in the company stood at 56.85%, while Institutions and Non-Institutions held 5.20% and 37.95% respectively.
DCX Systems has received export purchase orders totalling around Rs 28.59 crore from its overseas and domestic customer for manufacture and supply of cable and wire harness assemblies.
Of the total, the company has received orders worth Rs 7.89 crore from ELTA Systems, Israel; Rs 10.83 crore from Elbit Systems, Israel; Rs 5.04 crore from Rafael Advanced Defence Systems, Israel; and Rs 4.83 crore from Domestic Customers.
DCX Systems is among the leading Indian players for the manufacture of electronic sub-systems and cable harnesses in terms of manufacturing capability and revenue in Fiscal 2022 in the defence and aerospace sector.
