DCX Systems rises 12% on ₹563 crore defence order win
after close1 source ↓written by the desknot a recommendation
- to ₹182.82
- 11.7%
- order for Maritime
- ₹563.45 crore
- for cable assemblies
- ₹12.81 crore
- from Hindustan Aeronautics
- ₹68.05 crore
Shares of DCX Systems Ltd surged 11.7% to ₹182.82 after securing a ₹563.45 crore order for Maritime Patrol Radar Systems from a domestic client. This significant contract enhances its defence portfolio, boosting investor sentiment. The recent order follows additional wins, including ₹12.81 crore for cable assemblies and ₹68.05 crore from Hindustan Aeronautics Limited.
Not investment advice. For informational purposes only.