India's DCX Systems sees best day in 8 months as Q2 net profit surges

DCX Systems

31/10/2023 05:26

** DCX Systems shares  DCXS.NS  rise as much as 14.4% in
their biggest intraday gain since Feb. 20
    ** The aerospace and defense company reports more than two
fold surge in consolidated profit; rev from ops jumped 77.6%
    ** Co also reports improvement in operational efficiency,
supply chain measures aided margin growth
    ** Over 2.1 mln shares traded, 5x the 30-day avg
    ** Stock currently up 11%, bumping YTD gains to 33%

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