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Defence stock hits 5% upper circuit after receiving ₹600 Cr order across airborne, naval, and radar platforms

Prominent defence electronics firm secured ₹600 crore orders across radar, naval, and airborne systems, reinforcing its role in indigenous defence projects over the next 3 - 5 years.

Introduction:

Leading defence electronics company has secured orders worth ₹600 crore across radar, naval, and airborne systems from top Indian defence agencies, to be executed over 3 to 5 years in multiple development phases.

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Share price movement of AXISCADES:

On July 30, 2025, Axiscades Technologies Ltd opened at ₹1,278.00, up 3.47% from its previous close of ₹1,235.10. The stock hit a high of ₹1,296.85 and a low of ₹1,278.00. By 1:14 PM, it traded at ₹1,296.85, marking a 5.00% gain, with a market cap of ₹5,511.31 crore.

AXISCADES Bags ₹600 Cr Defence Electronics Orders:

AXISCADES Technologies Ltd has secured new defence electronics orders worth approximately ₹600 crore. These orders span airborne, naval, and radar-based platforms from premier Indian defence laboratories. Execution is planned over 3 to 5 years.

The company will develop and supply advanced subsystems for indigenous platforms led by DRDO and Defence PSUs. Key programs include Su-30 MKI radar upgrades, long-range surveillance radars, and advanced sonar systems for submarines.

Deliverables include TR modules, DBF units, homing receivers for electric torpedoes, and sonar subsystems. These projects strengthen AXISCADES’s position in India’s defence modernization drive and reinforce its indigenous design and manufacturing capabilities.

Recent news on AXISCADES:

As of February 10, 2025, AXISCADES Technologies Ltd announced a strategic partnership with MBDA to set up a Centre of Excellence for missile test benches at its upcoming facility in Bangalore.

Ace investor holding in AXISCADES:

Sanjay Katkar holds a 1.54% stake in AXISCADES Technologies Ltd, owning 6,54,865 shares valued at ₹85.1 crore.

Stock performance of AXISCADES for Period of 1 week, 6 months, and 1 year:

Axiscades Technologies Ltd declined by 14.2% over the past week, delivered an 82.6% return in the past six months, and gained 112% over the past year.

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Shareholding pattern of AXISCADES:

ParticularsJun 2025Mar 2025Dec 2024
Promoter58.20%59.50%59.60%
FII1.60%0.70%0.50%
DII1.30%2.00%3.80%
Public38.90%37.80%36.10%

About AXISCADES:

AXISCADES Technologies Ltd (NSE: AXISCADES) is a global tech solutions provider in aerospace, defence, and ESAI domains, with 3000+ professionals across 17 locations, offering end-to-end support from design to certification.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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