Centum Electronics, received new orders worth Rs 1 billion from an Indian Defence Enterprise for the development and delivery of mission critical subsystems. The deliveries are required to be completed over a period of two years.

The stock had outperformed the market over the past one month till Mar. 27, 2015, rising 51.40% compared with the Sensex's 6.03% decline. It outperformed the market in past one quarter, gaining 72.97% as against 0.80% rise in the Sensex.

Shares of the company gained Rs 34.5, or 4.74%, to trade at Rs 762.00. The total volume of shares traded was 8,215 at the BSE (12.33 p.m., Monday).