16/8/2024, 1:06:03 pm

Buy DCX Systems; target of Rs 519: KR Choksey

KR Choksey's research report on DCX Systems: The first quarter has always been a lackluster quarter for DCX systems, and it was no exception this time. However, Raneal Advanced Systems (PCBA Arm of DCX) delivered a revenue of INR 424 Mn. At the same time NIART Systems (Railway JV) has geared up and is ready for mass production with assets of INR 4,752 Mn.