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DCX Systems, Subsidiary Bag Orders Worth About INR 60 Crore in Defence Electronics

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DCX Systems, Subsidiary Bag Orders Worth About INR 60 Crore in Defence Electronics

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DCX Systems Limited ( (IN:DCXINDIA) ) has issued an announcement.

DCX Systems Limited has announced that it has secured new purchase orders totaling about INR 57.67 crore for the manufacture and supply of cable and wire harness assemblies, including a major order worth INR 52.42 crore from Israel’s Rafael Advanced Defence Systems Ltd and additional orders of INR 5.25 crore from other domestic and international customers. Its wholly owned subsidiary, Raneal Advanced Systems Pvt. Ltd., has separately received purchase orders valued at approximately INR 2.52 crore for printed circuit board assemblies, underscoring continued demand across its product portfolio and reinforcing the group’s position as a key supplier within the aerospace and defence electronics value chain.

More about DCX Systems Limited

DCX Systems Limited is an AS9100D-certified manufacturer operating from Bengaluru’s aerospace and defence hub, focusing on the design and manufacture of cable and wire harness assemblies and related electronic systems for domestic and international aerospace and defence customers. The company also operates through its wholly owned subsidiary, Raneal Advanced Systems Pvt. Ltd., which specializes in the manufacture and supply of printed circuit board assemblies for a similar client base.

Average Trading Volume: 93,088

Technical Sentiment Signal: Sell

Current Market Cap: 21.6B INR

See more insights into DCXINDIA stock on TipRanks’ Stock Analysis page.

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