DCX Systems soars on bagging order worth Rs 49.89 crore
DCX Systems is currently trading at Rs. 243.50, up by 6.25 points or 2.63% from its previous closing of Rs. 237.25 on the BSE.
The scrip opened at Rs. 247.35 and has touched a high and low of Rs. 253.35 and Rs. 243.35 respectively. So far 60318 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 393.00 on 06-Jan-2025 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. 270.40 and Rs. 235.20 respectively. The current market cap of the company is Rs. 2784.10 crore.
The promoters holding in the company stood at 52.16%, while Institutions and Non-Institutions held 5.28% and 42.56% respectively.
DCX Systems has received purchase orders totalling around Rs 49.89 crore. Out of the total orders, the company has received first order worth Rs 30.32 crore from ELTA Systems, Israel, to manufacture and supply of electronic module assemblies. In addition, the company has received another order worth Rs 19.57 crore from Domestic & International Customers for manufacturing and supply of cable and wire harness assemblies.
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.
