Axiscades Technologies is currently trading at its upper circuit limit of RS. 1282.70, up by 61.05 points or 5.00% from its previous close of RS. 1221.65 on the BSE.
The stock opened at RS. 1280.00 and has touched a high of RS. 1282.70 and a low of RS. 1280.00 so far. A total of 21,330 shares have been traded on the counter.
This BSE group 'T' stock, with a face value of RS. 5, has recorded a 52-week high of RS. 1282.70 on June 17, 2025, and a 52-week low of RS. 421.05 on November 26, 2024. In the past week, the scrip has seen a high of RS. 1282.70 and a low of RS. 1086.00. The current market capitalization of the company stands at RS. 5451.17 crore.
Promoter shareholding in the company stands at 59.49%, while institutions hold 2.71% and non-institutions 37.80%.
In a major strategic development, Axiscades Technologies has signed an agreement with Indra, a European-based global leader in defense, aerospace, and strategic systems. This partnership aims to manufacture several of Indra’s aerospace and defense solutions in India. These include antennas for Tactical Air Navigation Systems (TACAN), Distance Measuring Equipment (DME) that supports aircraft navigation, and countermeasure systems designed to protect aircraft from guided missile threats like MANPADS.
The collaboration boosts Indra’s global presence and deepens its alliance network while also enhancing the technological capabilities of Indian firms. Indra has long been active in India, supplying advanced systems to the armed forces and supporting modernization efforts in civil air traffic management.
Both companies are also exploring partnerships in MPA Airborne Solutions and are evaluating joint efforts for DRDO CABS MRMR and MMMA programs.
Axiscades Technologies is a comprehensive technology and engineering solutions provider, supporting the complete product lifecycle needs of global OEMs and engineering-focused enterprises.