India's DCX Systems rises as unit starts commercial production

DCX Systems

25/09/2023 09:13

** Shares of aerospace company DCX Systems  DCXS.NS  rise as much as 3.4% to
304.95 rupees, highest level in a week
    ** Co says subsidiary Raneal Advanced Systems manufacturing unit received
all necessary approvals for commencement of commercial production of printed
circuit board assembly  urn:newsml:reuters.com:*:nFWN3AZ0F2
    ** Production to start from Sept. 25 onwards, co says
    ** More than 450,000 shares change hands, 0.5 times their 30-day moving avg 
    ** Stock up nearly 31% YTD, as of last close

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com; +91 6001289066;))