A
1,764.40
as on 22 Sep 2025 at 15:49
Market Cap
₹7,498 Cr
PE Ratio
91.60
ROCE
14.32%
Axiscades Tech Subsidiary Secures $1M Pilot Contracts with Global Hyperscalers
Axiscades Technologies announced that its subsidiary Mistral Solutions won new orders in electronics, semiconductor and AI divisions. The company secured pilot contracts worth $1 million with two global hyperscalers for developing production line testing equipment and audio product test apparatus. To support these projects, Axiscades is building infrastructure in Bengaluru including an Acoustic Lab and 3D printed PCB prototype facility, plus establishing a front-end engineering team in the United States. The company also recently secured $1.2 million in pilot orders for aircraft cabin interior solutions from aerospace clients. Axiscades shares initially surged 5% but later gave up most gains, closing up 0.6% at ₹1,377.
AXISCADES Tech Launches New Electronics, Semiconductor, And AI Division
AXISCADES Tech has launched a new division focused on electronics, semiconductor, and artificial intelligence. The launch is attributed to achievements made by Mistral Solutions.
AXISCADES Technologies Secures $1.2 Million Aircraft Cabin Interiors Pilot Orders
AXISCADES Technologies Limited announced it secured two pilot orders worth $1.2 million for aircraft cabin interiors design, development, and retrofit solutions. The contracts were awarded by a leading aerospace original equipment manufacturer and an aircraft cabin interior company operating in Europe and the United States. The projects will cover cabin design, seating systems, electrical wiring, retrofit solutions, and technical documentation. This marks AXISCADES' expansion into cabin interiors, building on over two decades of expertise in aero-structures. The company views this diversification as strengthening its end-to-end engineering services and positioning it to capitalize on the growing aircraft interiors market driven by modernization requirements and passenger experience improvements. Company shares ended at ₹1,285.00, up ₹39.20 or 3.15%.
AXISCADES Enters Aircraft Cabin Interiors Market to Boost Aerospace Growth
AXISCADES has entered the aircraft cabin interiors segment as part of its aerospace growth strategy. This move represents the company's expansion into a new area within the aerospace industry.
AXISCADES Subsidiary Secures Su-30MKI Modernization Contract Worth Potential Rs 150 Crores
AXISCADES Technologies announced that its subsidiary Mistral Solutions has secured a development contract from CASDIC for Electronic Control Units in the Su-30MKI 'Super-30' modernization program. The Bengaluru-based defense technology company will initially develop 10 Electronic Control Units for the aircraft's cooling system during the prototype development phase. This contract is expected to lead to a production order for approximately 600 units valued at Rs 150 crores over five years. CEO C. Manikandan stated the order reflects AXISCADES' capability to design and deliver advanced indigenous technologies for combat requirements. AXISCADES operates as an end-to-end technology and solutions provider in aerospace, defense, and electronics domains, employing over 3,000 professionals across 17 global locations. The company's shares were trading at ₹1,270, up by ₹24.20 or 1.94% on the NSE.
Axiscades Tech Secures ₹150 Crore Order
Axiscades Tech has received an order worth ₹150 crore. The company announced this development, though specific details about the nature of the order, client, or timeline were not disclosed.
AXISCADES Technologies CEO Alfonso Martinez Resigns, Takes International Role; Dr. Sampath Ravinarayanan Becomes Chairman & MD
AXISCADES Technologies Limited announced leadership changes effective August 22-23, 2025. Alfonso Martinez Fernandez resigned as Chief Executive Officer & Managing Director to assume the role of Head of International Business and Global Operations and Managing Director & CEO of AXISCADES GmbH. Dr. Sampath Ravinarayanan has been re-designated from Chairman and Whole Time Director to Chairman and Managing Director. Martinez cited the company's goal to become a $1 billion revenue company by 2030 and the need for international expansion as reasons for the transition. With over 25 years of leadership experience in engineering, aerospace, defense, and technology services, Martinez will focus on strengthening the group's international business across North America, Europe, the UK, and Asia-Pacific. The company must fill the board vacancy within three months per regulatory requirements.
AXISCADES Technologies Reports 9% Revenue Growth, Sets Ambitious Rs 9,000 Crore Target by 2030
AXISCADES Technologies reported quarterly revenue of Rs 244 crores, up 9% year-on-year, with EBITDA at Rs 34 crores maintaining 14% margins. The company announced three major strategic initiatives: targeting over 40% year-on-year growth with an order book of Rs 1,260 crores for FY26 and Rs 1,827 crores for FY27; launching 'Power 930' plan to reach Rs 9,000 crores ($1 billion) revenue by 2030; and forming global partnerships with MBDA for missile activities and Indra for radar systems. Core business segments grew 17% year-on-year to Rs 182 crores, driven by ESAI (34% growth), defense (23% growth), and aerospace (8% growth). The company secured new engagements with Amazon and Apple in the ESAI segment, while defense order book includes Rs 540 crores for current year delivery. Management expects revenue acceleration in H2 FY26 with defense order execution and projects 25% overall growth for FY26 including 300 basis points EBITDA margin improvement.
Get Recent Announcements & All Past News of AXISCADES.
The above dates are ex-dates.
View All Stock EventsGold Reaches Record High as Markets Anticipate US Rate Cuts
Gold prices hit a record high of $3,758.03 per ounce, with spot gold trading up 0.2% at $3,752.43. The rally was driven by expectations of further US rate cuts and a weaker dollar. Markets are awaiting Federal Reserve Chair Jerome Powell's speech for policy guidance. The Fed cut rates by 25 basis points last week and indicated more cuts ahead, though warned about persistent inflation. Investors see a 90% probability of a 25-basis-point rate cut in October and 75% chance of another in December. Gold has risen nearly 43% this year due to geopolitical uncertainty, central bank buying, and monetary easing. SPDR Gold Trust holdings increased 0.60% to 1,000.57 tons. Other precious metals showed mixed performance with silver near 14-year highs at $43.98, platinum up 0.3% at $1,420.45, and palladium rising 0.9% to $1,189.84.
Market Commentary
Gift Nifty opened at 25301 points, showing a decline of 4 points or 0.02% compared to Nifty 50's previous close of 25202.35. The trading session recorded 98.65 points in movement.
Oil Prices Stabilize After Four-Day Decline as Traders Assess Russian Supply Risks
Oil prices stabilized after a four-day drop, with WTI trading near $62 and Brent below $67. Traders are evaluating potential risks to Russian oil supply. Market experts indicate crude oil remains within a $5 trading range, with any significant price breakout dependent on stronger, coordinated sanctions targeting Moscow's oil buyers.
Market Commentary
Gift Nifty closed at 25,305 points with a gain of 16.5 points, representing a 0.07% increase. The index ended the day 102.65 points above the Nifty 50's previous close of 25,202.35.
Brent Crude Oil Futures Decline Marginally to $66.57 Per Barrel
Brent crude oil futures closed at $66.57 per barrel, declining by $0.11 or 0.16%. The minor decrease reflects a relatively stable trading session for the commodity.
Coforge Board Approves Re-appointment of Independent Director and New Executive Director
Coforge Limited's Board of Directors approved the re-appointment of D K Singh as Independent Director for a second five-year term from February 12, 2026 to February 11, 2031. The board also approved the appointment of John Speight as Executive Director for up to five years starting October 10, 2025. Both appointments are subject to shareholder approval. Singh brings over 36 years of leadership experience across retail, industrial, consumer goods, and technology sectors, with expertise in procurement and supply chain management. He previously served as Senior Vice President and Chief Procurement Officer at Walmart and is a Senior Advisor at McKinsey & Company. Speight, who joined Coforge in July 2018, serves as Business Head for UK and Europe operations and has over 40 years of IT industry experience. He previously worked at Genpact in banking and financial services and held leadership roles at London brokerages. Neither director is related to any existing company directors.
1,716.90
Proxy Firms Split on Amit Kalyani's Board Reappointment at Hikal Amid Family Dispute
Hikal Ltd. faces a boardroom battle over Amit Kalyani's reappointment as non-executive director, with proxy advisory firms offering conflicting recommendations. The Kalyani family holds approximately 34% stake while the Hiremath family, led by Baba Kalyani's sister Sugandha Hiremath, holds around 35%. The remaining 31% held by institutional and retail investors will likely determine the outcome. Stakeholder Empowerment Services recommends voting in favor, noting Amit's 13-year board tenure and that his six listed directorships within the same promoter group don't raise major concerns. Institutional Investor Advisory Services opposes the reappointment, citing potential impact on company functioning from the ongoing ownership dispute stemming from a 1994 family arrangement. KIL, the Kalyani holding company claiming over 31% stake, defended the appointment, stating Amit has no day-to-day role and serves on no committees. Baba Kalyani previously failed to secure reappointment in December 2023, ending his 31-year board tenure.
262.90
Market Commentary
Foreign Institutional Investors (FIIs) sold shares worth ₹2910.09 crores, while Domestic Institutional Investors (DIIs) bought shares worth ₹2582.63 crores.
Pay Zero Brokerage on Delivery
Open FREE Demat Account
+91
Or Scan the QR Code to download the Dhan App
Explore | Sitemap
*All securities mentioned on this website are exemplary and not recommendatory.
*Current prices on the website are delayed by 15 mins, login to check live prices.
We are bullish on India, we are bullish on India's prospects to be one of the largest economies in the world. We believe that the stock market provides a unique opportunity for all of India's traders and investors to participate in the growth story of the country.
Yet, most investing & trading platforms in India have remained more or less the same over the past decade. Times have changed and retail traders and investors have become smarter about managing their trades and money. Modern traders & investors require an online trading platform that helps them keep up with the technological advancements of our time.
That's why we're building Dhan - to help you trade, to help you invest, and to help you participate in India's growth stock via the stock market with awesome features and an incredible experience.
©2021-2025 Raise Securities Private Limited (formerly Moneylicious Securities Private Limited). All rights reserved. CIN: U74999MH2012PTC433549 Raise Securities is part of Raise Financial Services.
In case of grievances for any of the services rendered by Raise Securities Private Limited, please write to grievance@dhan.co (for NSE, BSE and MCX) or grievancedp@dhan.co (for Depository Participant). Please ensure that you carefully read the Risk Disclosure Document as prescribed by SEBI, our Terms of Use and Privacy Policy. Compliance Officer: Mr. Manish Garg and Mobile: 8655740961 Email: complianceofficer@dhan.co To lodge your complaints using SEBI SCORES, click here.
Disclaimer: All communications with the client via chat, phone, or email are for support purposes only. Any commitments or statements made by the agent (human or virtual) shall not be binding on the company.
DHAN is a brand owned by Raise Securities Private Limited. All DHAN clients are registered under Raise Securities Private Limited. Clients are advised to refer to our company as Raise Securities Private Limited when communicating with regulatory authorities.
Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances
Disclaimer: Investment in the securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit
Attention investors:
Note: As a policy we do not give stock tips or recommendations and have not authorized anyone to give this on behalf of us. If you know anyone claiming to be a part of Dhan / / Raise or our associate companies or partners and offering such services, please report us on help@dhan.co. Important Information for Investors: To prevent unauthorized transactions in your trading / demat account, do not share your account details, credentials or any personal details with anyone. Keep your mobile number updated with your Stock Broker, Depository Participant and ensure that the same is registered with Stock Exchanges, Depository and KRAs. You will receive alerts and information on your registered mobile number / email for debit and other important transactions in your demat account directly from CDSL / Exchange on the same day. KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Stock Broker, DP, Mutual Fund, etc.), you need not undergo the same process again when you approach another intermediary. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. This is issued in the interest of investors.
Investors should be cautious on unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website. Issued in the interest of the investors.
Raise Securities Private Limited also known as Dhan is only an order collection platform that collects orders on behalf of clients and places them on BSE StarMF for execution. Client expressly agrees that Dhan is not liable or responsible and does not represent or warrant any damages regarding non- execution of orders or any incorrect execution of orders with regard to the funds chosen by the client or due to, but not being limited to, any link/system failure, delay in transfer of the funds on account of any unforeseen circumstances/issues in the banking system/payment aggregators or any other problems that may result in a delay in crediting the funds into the BSE Star MF's bank account.
Mutual fund investments are subject to market risks, read all scheme related documents carefully before investing. Dhan is not a distributor or agent of any mutual fund. Mutual Funds are not exchange-traded products. Any related disputes will not have access to the Exchange-investor redressal forum or arbitration mechanism. For other disclaimers please refer https://dhan.co/advertisement-disclaimer/
Download client registration documents (Rights & Obligations, Risk Disclosure Document, Do's & Don'ts) in vernacular language: BSE | NSE | MCX
Kindly, read the Advisory Guidelines of BSE | NSE | MCX for investors as prescribed by the exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client's assets