Shares of AXISCADES Technologies jumped 5% after the company, known for its work in Defence, Electronics, Semiconductors, and AI, announced securing major orders through its Defence subsidiaries.
These orders span key sectors including airborne, naval, and radar platforms, and come from top Indian Defence institutions such as DRDO and Defence PSUs.
The company will develop and supply advanced sub-systems for cutting-edge indigenous platforms, reinforcing its role in India’s push for Defence self-reliance. The new wins also mark deeper involvement in major Defence programs like fighter jet upgrades, naval modernization, and long-range radar systems.
“Our partnerships on these critical programs reflect our core strength in high-performance Radar, Sonar, and Signal Processing electronics,” said C. Manikandan, CTO. “We’re proud to be contributing to indigenous platforms that will define the future of India’s Defence preparedness. These wins also highlight our deep integration into the ecosystem of India’s premier Defence research and production agencies.”
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