DCX Systems Bags Order Worth INR681 Million from Antenna, Power Supplies; Shares Jump 15%

MT Newswires Live

03/06

DCX Systems (NSE:DCXINDIA, BOM:543650) has received an order worth 680.5 million Indian rupees from Hindustan Aeronautics (NSE:HAL, BOM:541154), according to a Thursday filing to the Indian stock exchanges.

The company's shares surged more than 15% in Friday's trade.

The contract is for the manufacture and supply of custom-made antenna and power supplies for the airborne application.

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