DCX Systems shares rise as subsidiary secures licence for defence equipment production

DCX Systems shares rise as subsidiary secures licence for defence equipment production

DCX Systems Limited, an Indian electronics manufacturer, has seen a dramatic surge in its share prices after its subsidiary, Raneal Advanced Systems Private Limited, secured a coveted industrial licence to manufacture defence electronic equipment. This licence, granted by the Cochin Special Economic Zone, allows the company to produce cutting-edge missile submodules, avionics, and radar systems, […]