On July 7, the Indian equity benchmark indices were seen trading with modest losses. Throughout the session, the key indices swung within a limited range, oscillating between negative and positive territory — indicative of a rangebound and indecisive market.
Amidst this subdued market activity, stock-specific movements stood out. One such stock that drew attention was DCX Systems Limited. The company's share price opened at ₹291 on the NSE and, as of 12:51 PM, was trading at ₹294.50 — up by 3.42%. The stock also recorded an intraday high of ₹297.80.
The recent activity in the stock follows a key announcement made by the company regarding the grant of an industrial license. In an official press release, DCX Systems stated: “The Industrial Licensing Section, Office of the Development Commissioner, Cochin Special Economic Zone (CSEZ), EOU’s & SEZ’s in Karnataka, under the Ministry of Commerce & Industry, Government of India, has granted an industrial license to DCX SYSTEMS LTD.”
The license permits DCX Systems to manufacture the following high-tech defence and aerospace items:
The manufacturing activities covered under this license will be located at the Aerospace SEZ Sector, Plot Nos. 29, 30 & 107, Southern Block, Hitech Defence and Aerospace Park, Kavadadasanahalli Hobli, Devanahalli, Channarayapatna, Bengaluru, Karnataka – 562110.
The license enables the company to manufacture items classified under Category-A as per the Ministry of Defence's (MOD) Security Manual. These items are considered to be of the highest level of security classification and are sensitive in nature from a national security perspective. The license is valid for a period of 15 years.
As of March 31, 2025, DCX Systems reported a consolidated order book worth ₹2,855 crore.
In terms of DCX share price performance:
Established in 2011, DCX Systems Limited (formerly DCX Cable Assemblies Private Limited) operates along with its subsidiaries as one of the preferred Indian Offset Partners (IOPs). The company specializes in:
DCX primarily caters to the Defence & Aerospace, Marine, and Extended Industrial sectors.
Disclaimer: The article is for informational purposes only and not investment advice.