DCX Systems trades jubilantly on receiving contract worth Rs 1,250 crore
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DCX Systems is currently trading at Rs. 435.30, up by 56.15 points or 14.81% from its previous closing of Rs. 379.15 on the BSE.
The scrip opened at Rs. 419.00 and has touched a high and low of Rs. 440.40 and Rs. 410.00 respectively. So far 195679 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 440.40 on 2-July-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. 440.40 and Rs. 352.80 respectively. The current market cap of the company is Rs. 4223.22 crore.
The promoters holding in the company stood at 62.29%, while Institutions and Non-Institutions held 13.48% and 24.23% respectively.
DCX Systems has received a contract/order for Rs 1,250 crore plus Applicable Taxes from Larsen & Toubro, India for Manufacture and Supply of Electronic Modules. The said order is expected to be completed within 3 years.
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.
