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This defence stock in focus today on orders from Israel 

This defence stock in focus today on orders from Israel 

The firm said it has received export purchase order(s) from its customer(s) amounting to about Rs. 28.60 crore in the normal course of business. 

Aseem Thapliyal
Aseem Thapliyal
  • Updated May 13, 2025 9:06 AM IST
This defence stock in focus today on orders from Israel  Shares of DCX Systems closed 1.61% higher at Rs 297.20 on BSE on Monday. Market cap of DCX Systems climbed to Rs 3,310 crore.

Shares of defence firm DCX Systems are in news today after the firm said it has received orders worth Rs 28.60 crore from Israeli firms. DCX Systems said it has received export purchase order(s) from its customer(s) amounting to about Rs. 28.60 crore in the normal course of business. 
Shares of DCX Systems closed 1.61% higher at Rs 297.20 on BSE on Monday. Market cap of DCX Systems climbed to Rs 3,310 crore on BSE. Total 0.79 lakh shares of the firm changed hands amounting to a turnover of Rs 2.36 crore.

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The stock has a beta of 1.4, indicating high volatility in a year.

In terms of technicals, the relative strength index (RSI) of DCX Systems stands at 60.3, signaling it's trading in the neither in overbought nor in the oversold territory. DCX Systems shares are trading higher than the 5 day, 10 day, 50 day, 100 day but lower than the 150 day and 200 day moving averages.

DCX Systems revealed order details as given below:

Rs 13.60 crore order from ELTA Systems Ltd, Israel for manufacture and supply of CIWS Antenna

Rs 6.33 crore order from ELTA Systems Ltd, Israel for manufacture and supply of supply of Cable and
Wire Harness Assemblies

Rs 3.79 crore order from Rafael Advanced Defence Systems Ltd, Israel for manufacture and supply of supply of Cable and Wire Harness Assemblies.

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Rs 2.45 crore order from Elbit Systems Ltd, Israel for manufacture and supply of Cable and Wire Harness Assemblies.

Rs 2.43 crore order from overseas customers for manufacture and supply of Cable and Wire Harness Assemblies.

DCX Systems is one of the leading for Electronic Systems and cable harnesses for both International and Domestic reputed customers.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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ABOUT THE AUTHOR

Aseem Thapliyal
Aseem Thapliyal

A journalist with over 12 years' experience, who tracks trends in the share market and writes stock market stories. An active follower of Sensex and Nifty, I capture stocks in news and analysis by share market experts and brokerages on their outlook and price targets. I cover company news/earnings leading to a rally or crash in particular stocks or stock market indices. Also track impact of global stock markets on their Indian peers. I have worked with Live Mint and NDTV Profit in previous stints. My hobbies are exploring new places, travelling, watching movies, spending time with friends and family, watching web series, playing cricket and football. I have completed graduation from Delhi University along with a PG Diploma in journalism from IIMC. I can be reached easily via social media platforms.

Published on: May 13, 2025 9:06 AM IST