Synopsis:

DCX Systems Limited received new orders worth Rs. 49.89 crores, including Rs. 30.32 crores from ELTA Systems, Israel, and Rs. 19.57 crores from domestic and international customers.

This small-cap defence stock, engaged in system integration and manufacturing cable and wire harness assemblies for the aerospace and defence sectors, jumped 7 percent after receiving multiple orders worth Rs. 50 crore from an Israeli defence technology company.

With a market capitalization of Rs. 2,688.31 crores, the share of DCX Systems Limited has reached an intraday high of Rs. 253.35 per equity share, rising nearly 6.79 percent from its previous day’s close price of Rs. 237.25. Since then, the stock has retreated and is currently trading at Rs. 240.75 per equity share.

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