India's DCX Systems hits record high on $150 mln order from L&T

DCX Systems

02/07/2024 05:03

** Shares of DCX Systems  DCXS.NS  rise 14% to a record high
of 431 rupees
    ** Defence electronics services firm said on Monday it
received order worth 12.50 bln rupees ($149.6 mln) from Larsen
and Toubro  LART.NS  to manufacture and supply electronic
modules
    ** DCXS eyes third straight session of gains
    ** Stock had gained 16% in June, its best monthly gain since
Nov.



($1 = 83.5380 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))