DCX Systems and Subsidiary Secure Significant Purchase Orders Worth INR 34.79 Crores
DCX Systems Limited has received substantial purchase orders from its customers, totaling approximately INR 34.79 Crores, as part of the regular course of business. The company also reported a significant order receipt for its Wholly Owned Subsidiary, M/s Raneal Advanced Systems Pvt. Ltd., amounting to INR 12.79 Crores.The orders received by DCX Systems Limited pertain to the manufacture and supply of Cable and Wire Harness Assemblies. These commitments cover both domestic and export markets, contributing significantly to the company's order book in this segment.
M/s Raneal Advanced Systems Pvt. Ltd., the Wholly Owned Subsidiary of DCX Systems, has also secured new business. The subsidiary received purchase orders for the manufacture and supply of Printed Circuit Board Assemblies. Similar to the parent company, these orders cover both domestic and export segments, securing a value of INR 12.79 Crores.
The details regarding the order receipts from the respective entities are provided below:
| Company | Nature of Order(s) | Domestic / Export Order | Order Value |
|---|---|---|---|
| DCX Systems Limited | Manufacture and supply of Cable and Wire Harness Assemblies | Domestic and Export Orders | INR 34.79 Crores |
| M/s Raneal Advanced Systems Pvt. Ltd. | Manufacture and supply of Printed Circuit Board Assemblies | Domestic and Export Orders | INR 12.79 Crores |
DCXINDIA Stock Price Movement
DCX Systems Limited shares climbed today after settling at an indicative close of ₹205.39, posting a 1.03% gain. The stock saw strong trading activity in the market session, with total volume registering approximately 1.46 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.