DCX Systems tanks 32% from listing day high; stock nears issue price

The stock slipped 9% to Rs 210.50 in Thursday's intra-day trade, was trading close to its issue price of Rs 207 per share on the BSE.

Shares of DCX Systems slipped 9 per cent to Rs 210.50 on the BSE in Thursday’s intra-day trade. The stock of aerospace & defence company quoted at its lowest level since its market debut on November 11. The stock now trades close to its issue price of Rs 207 per share. The market price of the company has tanked 32 per cent from its listing day high of Rs 319.75 on the BSE.

At 01:36 PM; DCX Systems traded 8 per cent lower at Rs 212.55, as compared to 0.39 per cent decline in the S&P BSE Sensex.