DCX Systems Stock: Share price surges 20% after subsidiary receives Rs 379.67 export order

Shares of DCX Systems have soared by more than 20.02% this week, driven by an exciting update from its wholly-owned subsidiary, Raneal Advanced Systems Private Limited.

The subsidiary secured a significant export order valued at approximately US$ 45,199,440, or about INR 379.67 crores, from Lockheed Martin Global Inc., a leading player in the aerospace and defense industry in the United States.

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On Friday, DCX Systems opened at Rs 354.35, reached a high of Rs 354.35, and dipped to a low of Rs 347.10. This volatility reflects investor enthusiasm following the announcement of the export order.

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