DCX Systems rallies 4% on winning order from Elta Systems, Israel

The shares of DCX Systems Limited surged 4.19% to a session high of ₹372.95 per share on Thursday as the company secured an order worth ₹19 crores from Israel’s Elta Systems.

As per the contract signed between the two companies, Backplane Module Assemblies will be manufactured and supplied by DCX Systems to Elta Systems. The order value is $2,261,769.60, which roughly amounts to ₹19.33 crores at an USDINR exchange rate of $1 = ₹85.5.

DCX Systems, founded in 2011, specializes in electronic manufacturing services (EMS) for industries like defense, aerospace, telecom, and automotive. The company offers end-to-end solutions, including PCB assembly, cable assemblies, system integration, and testing, catering to both commercial and defense sectors. Known for providing customized, high-quality products, DCX focuses on innovation, reliability, and sustainability while expanding its services to meet the growing demand for advanced electronic systems in critical industries.

At close on Thursday, the stocks of DCX Systems Limited were trading 2.70% higher at ₹367.60 per share as compared to the previous close of ₹357.95 per share on the National Stock Exchange (NSE).