Introduction:
Leading electronics manufacturer has secured a $2.26 million export order to produce Backplane Module Assemblies for an Israeli client. This milestone underscores its expertise in delivering high-quality components for international defense and aerospace sectors.
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Share price movement of DCX Systems:
On January 2, 2025, DCX Systems Ltd opened at ₹364.95, up 1.89% from its previous close of ₹358.20. The stock hit a high of ₹369.50 (3.14%) and a low of ₹361.95. By 9:33 AM, it traded at ₹363.95, a 1.61% increase, with a market cap of ₹4,053.91 crore.
DCX Systems Secures Export Deal:
DCX Systems Ltd has received a significant export order to manufacture and supply Backplane Module Assemblies for Elta Systems Ltd, Israel. The order, valued at $2.26 million, highlights the company’s strong global presence in electronics manufacturing.
The order, equivalent to approximately ₹19.33 crore at the current exchange rate, falls under the company’s routine business activities. This deal underscores DCX Systems’ commitment to delivering high-quality components for international defense and aerospace clients, bolstering its reputation worldwide.
DCX Systems, a prominent player in defense electronics, views this development as a testament to its robust capabilities and trusted partnerships. The company assures that this achievement will further solidify its position in the global electronics market.
Recent news on DCX Systems:
As of November 8, 2024, DCX Systems Ltd secured a ₹460.3 crore export order from Lockheed Martin Global Inc, USA. The 12-month contract involves supplying electronic assemblies, further strengthening its position in global defense manufacturing.
Ace investor holding in DCX Systems:
Ajay Upadhyaya
Ajay Upadhyaya holds a 2.79% stake in DCX Systems Ltd, amounting to 3,113,000 shares. His investment is valued at ₹113.2 crore, reflecting confidence in the company’s growth and performance in the electronics manufacturing sector.
Stock performance of DCX Systems for Period of 1 week, 6 months and 1 year:
DCX Systems Ltd delivered a 5.39% return over the past week, showcasing short-term momentum. However, its six-month performance declined by 18.1%, while its one-year return stands at 4.69%, reflecting mixed investor sentiment and market trends.
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Shareholding pattern of DCX Systems:
| All values in % | Sep 2024 | Jun 2024 | Mar 2024 |
| Promoter | 57.10% | 59.80% | 62.30% |
| FII | 0.80% | 1.30% | 2.30% |
| DII | 7.90% | 8.90% | 11.20% |
| Public | 34.20% | 30.10% | 24.20% |
About DCX Systems:
DCX Systems Ltd (NSE: DCXINDIA) is a trusted partner in aerospace, defense, and civil aviation, offering tailored solutions. Known for efficiency, quality, and timely delivery, it has built strong OEM relationships, driving growth and expanding its order book.
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.
