India, Jan. 21 -- The shares of the electronics system manufacturer gained up to 1 percent in today's trading session after the company bagged a significant order for the development of Advanced Naval Navigation Systems worth Rs 29.40 crore.

With a market capitalization of Rs 3,175.71 crore, the shares of Centum Electronics Ltd were trading at Rs 2,168 per share, decreasing around 3 percent as compared to the previous closing price of Rs 2,231.95 apiece.

Significant order According to the company filing, Centum Electronics has secured a Rs 29.4 crore domestic order from Garden Reach Shipbuilders & Engineers Limited for Advanced Naval Navigation Systems. The order strengthens Centum's defence electronics portfolio and marks a key milesto...