DCX Systems Ltd witnessed a strong rally of over 6% in early Tuesday trading after announcing significant purchase orders totaling approximately ₹49.89 crore. As of 9:25 AM, the shares were trading 4.76% higher to 248.60.
The company detailed that ₹30.32 crore of the orders come from ELTA Systems Ltd, Israel, for the manufacture and supply of Electronic Module Assemblies. An additional ₹19.57 crore order from domestic and international clients is for Cable and Wire Harness Assemblies. These contracts are expected to contribute positively to DCX Systems’ revenue in the upcoming quarters.
The orders, received in the normal course of business, reflect robust demand for the company’s electronic manufacturing solutions both domestically and internationally.
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