DCX Systems and Subsidiary Secure New Orders Worth ₹47.58 Crores

Aerospace and defense manufacturer DCX Systems Limited, along with its wholly-owned subsidiary, Raneal Advanced Systems Private Limited, has collectively secured new purchase orders totaling approximately ₹47.58 crores. The orders were received in the normal course of business from various domestic and international clients.

Breakdown of the Purchase Orders

The newly secured contracts span specialized electronics manufacturing and assembly lines across both the parent company and its subsidiary:

DCX Systems Limited (Cable & Wire Harnesses): The parent company won orders valued at approximately ₹34.79 crores. These contracts cover the manufacture and supply of high-precision Cable and Wire Harness Assemblies, serving a blend of domestic and export markets.

Raneal Advanced Systems Private Limited (PCB Assemblies): The company's wholly-owned subsidiary secured orders amounting to about ₹12.79 crores. The scope of these orders involves the manufacture and supply of Printed Circuit Board (PCB) Assemblies for both domestic and international customers.

Corporate Overview

The AS 9100D certified company operates from its registered facility located within the Aerospace SEZ Sector at the Hitech Defence and Aerospace Park in Bengaluru Rural, Karnataka.

The intake of these concurrent domestic and export orders reflects a steady demand across the company's core electronic manufacturing services (EMS) portfolio in the defense and aerospace ecosystem.

Shares of DCX Systems Limited was last trading in BSE at Rs. 204.80 as compared to the previous close of Rs. 203.85. The total number of shares traded during the day was 166922 in over 1650 trades.

The stock hit an intraday high of Rs. 210.05 and intraday low of 201.65. The net turnover during the day was Rs. 34398557.00.

Source : Equity Bulls

Keywords

DCXSystems INE0KL801015 Aerospace Defense OrdersWin