Introduction:
Leading defence and aerospace solutions provider has secured purchase orders worth ₹24.51 crore from multiple renowned global and domestic customers. These orders include manufacturing cable and wire harness assemblies for prominent defence and aerospace entities.
Also Read: Fintech stock jumps after it partners with SBI Mutual Fund to launch ₹250 SIP
Share price movement of DCX Systems:
On February 18, 2025, DCX Systems Ltd opened at ₹254.00, up 3.41% from its previous close of ₹251.05. The stock hit a high of ₹257.40 and a low of ₹242.20. By 11:28 AM, it traded at ₹242.50, with a market cap of ₹2,701.12 crore.
DCX Systems Secures Orders Worth ₹24.51 Crore:
DCX Systems Ltd announced the receipt of multiple purchase orders worth INR 24.51 Crore in the normal course of business. These orders were placed by both domestic and international clients.
The company secured significant orders from Bharat Electronics Limited (INR 9.33 Crore), Rafael Advanced Defence Systems (INR 5.63 Crore), and Elbit Systems Ltd (INR 3.46 Crore). These orders will involve manufacturing and supplying cable and wire harness assemblies.
DCX Systems continues to expand its global presence with orders from renowned international defense players like Rafael and Elbit Systems, further cementing its reputation in the defense and aerospace sectors.
Recent news on DCX Systems:
As of February 07, 2025, DCX Systems Ltd reported a 0.94% rise in net sales to ₹200.01 crore for December 2024. However, quarterly net profit declined by 25.19% to ₹10.01 crore, and EBITDA fell 17.37% to ₹21.17 crore.
Ace investor holding in DCX Systems:
Ajay Upadhyaya
Ajay Upadhyaya holds a 2.86% stake in DCX Systems Ltd, with 3,189,100 shares valued at ₹77.2 crore. This investment reflects his significant position in the leading defence company, showcasing confidence in its growth potential.
Stock performance of DCX Systems for Period of 1 week, 6 months and 1 year:
The stock has experienced a 15.9% decline over the past week, a 27.4% decrease over the last six months, and a 25.1% fall over the past year. This shows a trend of ongoing underperformance in the market.
Shareholding pattern of DCX Systems:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 56.90% | 57.10% | 59.80% |
| FII | 1% | 0.80% | 1.30% |
| DII | 5.40% | 7.90% | 8.90% |
| Public | 36.80% | 34.20% | 30% |
About DCX Systems:
DCX Systems Ltd (NSE: DCXINDIA), established in 2011, specializes in system integration, cable and wire harness assemblies, and kitting. It serves as a key Indian Offset Partner for foreign aerospace and defense OEMs, focusing on electronic subsystems and defense manufacturing.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
