Introduction
Leading defence supplier has secured a ₹223.95 crore contract from the Indian Army to supply 212 next-generation 50-ton tank transporter trailers under the ‘Aatmnirbhar Bharat’ initiative over a period of two years.
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Share price movement of AXISCADES
On August 4, 2025, Axiscades Technologies Ltd opened at ₹1,328.00, up 3.73% from its previous close of ₹1,280.20. The stock touched a high of ₹1,339.95 and a low of ₹1,290.00. By 9:52 AM, it traded at ₹1,303.00, marking a 1.78% gain, with a market cap of ₹5,537.44 crore.
Indian Army Signs ₹223.95 Cr Contract with AXISCADES
Under the ‘Aatmnirbhar Bharat’ initiative, the Indian Army has signed a ₹223.95 crore contract with M/s Axiscades Aerospace and Technologies Pvt Ltd. The order is for supplying 212 next-generation 50-ton tank transporter trailers.
The contract was awarded by the Directorate General of Capability Development, Integrated Headquarters of Ministry of Defence (Army). The trailers will be delivered over two years. The nature of the contract is fully domestic.
Recent news on AXISCADES
As of February 10, 2025, AXISCADES Technologies Ltd announced a strategic partnership with MBDA to establish a Centre of Excellence for test benches at its new 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 ₹85.5 crore.
Stock performance of AXISCADES for Period of 1 week, 6 months, and 1 year
Axiscades Technologies Ltd delivered a -1.59% return over the past week. It gained 66.7% in the past six months. The stock rose 131% over the past year.
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Shareholding pattern of AXISCADES
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 58.20% | 60% | 59.60% |
| FII | 1.60% | 0.70% | 0.50% |
| DII | 1.30% | 2.00% | 3.80% |
| Public | 38.90% | 37.80% | 36.10% |
About AXISCADES
Axiscades Technologies Ltd (NSE: AXISCADES) is a technology solutions company providing engineering services, including embedded software, hardware, digitization, and automation, across various sectors. It focuses on product engineering and innovation.
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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.
FAQs
Q: Why is AXISCADES share price going up today?
A: AXISCADES share price is rising after receiving a ₹223.95 crore defence order from the Indian Army.
Q: What is the recent news about AXISCADES stock?
A: TAXISCADES announced a collaboration with MBDA to set up a Centre of Excellence in Bangalore.
Q: How much stake do promoters hold in AXISCADES stock?
A: Promoters currently hold around 58.20% stake in the company as per the latest shareholding data.
