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DCX Systems makes strong debut, stock lists at 39% premium over issue price

DCX listed at Rs 287, a 39 per cent premium over its issue price of Rs 207 per share on the National Stock Exchange (NSE) on Friday.

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Deepak Korgoankar Mumbai
DCX Systems (DCX) made a strong market debut, with its equity shares listed at Rs 287, a 39 per cent premium to its issue price of Rs 207 per share on the National Stock Exchange (NSE) on Friday.

The stock opened at Rs 286 on the BSE. Post listing, it moved higher to Rs 299, a 44 per cent premium over its issue price. At 10:02 AM, the stock traded at Rs 293 on the BSE.

DCX is among the leading Indian players for manufacturing electronic sub-systems and cable harnesses in terms of manufacturing capability. The company is

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