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DCX Systems Secures Major Purchase Orders Worth ₹24.51 Crores

Written by: Team Angel OneUpdated on: Feb 18, 2025, 3:09 PM IST
DCX Systems has secured purchase orders worth ₹24.51 crores from leading defence and aerospace companies.
DCX Systems Secures Major Purchase Orders Worth ₹24.51 Crores
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DCX Systems Limited has recently announced the receipt of multiple domestic and export purchase orders, cumulatively valued at approximately ₹24.51 crores. These orders are part of the company’s routine business operations and signify its growing presence in the defence and aerospace sectors.

Significant Contracts from Defence Giants

The latest orders highlight DCX Systems’ strong business relationships with leading defence and aerospace organisations. Notably, Bharat Electronics Limited (BEL), a premier Indian defence PSU, has placed an order worth ₹9.33 crores for cable and wire harness assemblies. 

Additionally, major international clients, including Rafael Advanced Defence Systems (Israel) and Elbit Systems Ltd (Israel), have collectively contributed to orders exceeding ₹9 crores.

Strengthening Market Position

The procurement of these orders not only reinforces DCX Systems’ credibility in the market but also reflects its capabilities to cater to both domestic and global defence needs. Other key clients such as Alpha-Elsec Defence & Aerospace Systems Pvt. Ltd. and India Optel Limited have also placed significant orders, further bolstering the company’s financial prospects and industry reputation.

DCX Systems Share Performance

As of February 18, 2025, at 2:12 PM, the shares of DCX Systems are trading at ₹242.80 per share, down 3.34% from yesterday’s closing price. Over the last month, the stock has declined by 33.68% and over the last year it has declined by 27.62%. The stock’s 52-week high is ₹451.90 and its low is ₹235.30.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing

Published on: Feb 18, 2025, 3:09 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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