DCX Systems Ltd Share Price – NSE  /  BSE

Aerospace & Defence, Small Cap

DCX Systems announced the demise of Panchangam Nagashayana (DIN: 00907296), Independent Director of the Company, on late hours of 08 July 2024.

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The order entails manufacturing and supplying of electronic modules within 3 years.

DCX Systems is one of leading Indian manufacture of electronic sub-systems and cable harnesses in defence and aerospace sector. Operations of the company are classified as system integration, cable and wire harness assemblies, and kitting.

The company reported a 19.9% decrease in consolidated net profit to Rs 32.95 crore despite of 46.15% jump in revenue from operations to Rs 746.20 crore in Q4 FY24 over Q4 FY23.

The counter hit an all time high of Rs 440 in today’s intra-day session.

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DCX Systems has received a contract/order for Rs 1,250 crore from Larsen & Toubro to manufacture and supply electronic modules.

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The company has secured contracts for the supply of cable and wire harness assemblies, with a project completion period of 12 months and a total cost of Rs 32,20,87,939.

DCX Systems is one of leading Indian manufacture of electronic sub-systems and cable harnesses in defence and aerospace sector. Operations of the company are classified as system integration, cable and wire harness assemblies, and kitting.

The company reported a 19.9% decrease in consolidated net profit to Rs 32.95 crore despite of 46.15% jump in revenue from operations to Rs 746.20 crore in Q4 FY24 over Q4 FY23.

Powered by Capital Market - Live News