Shares of  Dcx system surged 3% on Wednesday after the company won a huge order deal worth Rs 187 from overseas customer on August 28.

In the exchange filing, the company shared, “We wish to inform that the Company has received contract/order for US$ 22,323,200.00 (Equivalent to about INR 187.29 Crores at exchange rate of 1 USD = INR 83.90) from Overseas Customer.”

Here are the key details below:

  • Name of the entity awarding the order: Overseas customer
  • Total Contract Value: ₹187 crore
  • Awarding Entity: Southern Railway
  • Nature of Work: Purchase Order for supply of Electronic Kits
  • Execution Timeframe: Within 12 months

As of 11:37 am, Dcx system shares were trading 3.04% higher at Rs 339.45 on the NSE.

TOPICS: Share Market