DCX Systems Ltd share Price Today

DCX Systems Limited was incorporated on December 16, 2011 as a Private Limited Company, under the name "DCX Cable Assemblies Private Limited", at Bengaluru, Karnataka. Thereafter, name of the Company was changed to `DCX Systems Private Limited` consequent upon change of name issued by the RoC on January 3, 2022. Pursuant to conversion of the Company to Public Limited, dated February 2, 2022, name of the Company was thereafter, changed to "DCX Systems Limited" on February 18, 2022. The Company is among the leading Indian players for manufacture of electronic subsystems and cable harnesses in terms of manufacturing capability in defence and aerospace sector. It is primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies and is also involved in kitting. It commenced operations in year 2011 and and has been a preferred Indian Offset Partner (IOP) for foreign original equipment manufacturers (OEMs) for executing aerospace and defence manufacturing projects. The Company is rapidly growing in the Indian defence space. It classify operations under the business verticals such as, System Integration, Cable and Wire Harness Assemblies and Kitting. In addition, it undertake certain job work service including assembly and testing of materials that have been supplied directly by customers. It undertakes system integration in areas of radar systems, sensors, electronic warfare, missiles, and communication systems. It provide product assembly and system integration services to address customers` requirements. As part of its system integration services, it does in-house testing, including vibration and environmental stress testing of complex radio frequency products to ensure the quality of final products to be shipped to customers, and reliability of products` functioning under varying environmental conditions. The Company possess capabilities to manufacture complex, high-end and high-power microwave modules which that have applications in radars, antennas, electronic warfare systems, receiver sub sytems and missile systems. These capabilities include inspection and test equipment of cable tester, cirrus testers, network analyzer, crimp pull tester, microscope, leak test equipment, high voltage tester, micro-ohm meter, test station for PCBAs, automatic testing equipment for PCBAs and module testing, electrodynamic vibration shaker system, contact retention tester and vernier height gauge. Fine wire cable assemblies are extensively used in robotic, aerospace, marine, space and medical applications to obtain high performance. The cables are equipped with reinforcement tape to strengthen the ends by soldering. Electromagnetic Interference (EMI) Shielded Cables, harnesses and assemblies are designed to meet electromagnet pulses, electromagnetic compatibility, nuclear, biological and chemical and telecommunications electronics material protected from emanating spurious transmissions or TEMPEST solutions, and shielded solutions have been used in certain commercial airliner landing gear systems, secure communication systems and others. Kitting includes sourcing of components from various global manufactures and suppliers approved by the customers, compiling them, inspecting, testing and making customized packing for customers. For this, the Company take responsibility for supply of assembly-ready kits to machine feeders and beyond, based on customers` bill of materials (BOM), and deal with all aspects of procurement including controlled storage of moisture sensitive devices (MSD). The Company`s facility is set up for complete in-house environmental and electrical testing, and in-house capabilities are wide-ranging, from a complete design and development for their cable and wire harness assemblies to extensive wire processing. Their operations are based on enterprise resource planning system. Its process engineers are technically trained to meet the requirements of customers` applications. During year 2020, it commissioned a manufacturing facility located at the Hi-Tech Defence and Aerospace Park SEZ in Bengaluru, Karnataka, which is spread over an area of 30,000 square feet and is set up for complete in-house environmental and electrical testing and wire processing. In 2022, Raneal Advanced Systems Private Limited was incorporated as the wholly-owned subsidiary of the Company.

DCX Systems share price as on 26 Apr 2024 is Rs. 329.15. Over the past 6 months, the DCX Systems share price has increased by 21.52% and in the last one year, it has increased by 94.13%. The 52-week low for DCX Systems share price was Rs. 172.9 and 52-week high was Rs. 393.