DCX SYSTEMS GAINS ON WINNING Rs 32 CRORE ORDERS

is one of the leading Indian defense manufacturing player, offering a full service and manufacturing electronic systems and cable harnesses for both international and domestic reputed customers. The company has announced that it has secured orders worth Rs 31.64 crore for the manufacture and supply of cable and wire harness assemblies as well as printed circuit board assemblies (PCBAs). Having a market cap of Rs 2,093 crores, the company's stock price is trading at an attractive P/B of 1.44 making it a fair value investing. Moreover, the government's push on defense spending will help the company to grow.