The stock has been trading in a range since the last few months between 330-390 after breaking the IPO base
Company has issued a QIP at 341rs/share for 500cr and has a pending order book of 1000+cr and a new order worth 457cr and 16cr
a range break of 330-390 on the upside can take the stock up to 880 levels
DCX are the preferred Indian Offset Partners (“IOP”) for foreign original equipment manufacturers (“OEMs”) for executing defense manufacturing projects.
This year, the stock has been listed at 320 levels and has retraced, creating a visually appealing rounding bottom pattern. It appears poised to not only reach its listed price but also surpass it. At present,...
great sector, great business model with good fundametals.
listed with 40% premium in its IPO lisiting.
great to buy. since it has broken the trend of lower higher and lower lows.
volume is also pretty high.
a small cap company, which could prove a multibagger in future.
