Centum Electronics share price rises 4% on bagging work order from DRDO

Centum Electronics stock gains: Shares of Centum Electronics gained up to 4.32 per cent to hit an intraday high of Rs 1778 per share on Monday, September 2, 2024.

However, at 11:06 AM, shares were off highs and were trading 1,.57 per cent higher at Rs 1731.05 per share. In comparison, BSE Sensex was trading 0.33 per cent higher at 82,639.34 levels.

The uptick in share price came after the company announced that it has received an order from Defense Research and Development Organisation (DRDO).