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, the stock is at an opportune level for entry and demonstrates strong fundamental qualities, including a low price-to-earnings ratio compared to its industry peers.