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DCX Systems touches roof as its arm bags export order from Lockheed Martin Global Inc
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DCX Systems is currently trading at its upper circuit limit of Rs. 322.10, up by 15.30 points or 4.99% from its previous closing of Rs. 306.80 on the BSE.
The scrip opened at Rs. 322.10 and has touched a high and low of Rs. 322.10 and Rs. 322.10 respectively. So far 20183 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. 322.10 and Rs. 280.05 respectively. The current market cap of the company is Rs. 3417.34 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’ wholly owned subsidiary--Raneal Advanced Systems has received export order from Lockheed Martin Global Inc, USA for Supply of Electronic Assemblies. Broad consideration or size of the order is $45,199,440.00 (Equivalent to about Rs 379.67 crore at exchange rate of $1= Rs 84). The said order is expected to be executed within 12 months.
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.
