Axiscades Engineering Technologies is currently trading at Rs. 91.05, up by 4.95 points or 5.75% from its previous closing of Rs. 86.10 on the BSE.
The scrip opened at Rs. 87.55 and has touched a high and low of Rs. 92.80 and Rs. 85.40 respectively. So far 31292 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 228.00 on 12-Jan-2018 and a 52 week low of Rs. 63.20 on 25-Oct-2018.
Last one week high and low of the scrip stood at Rs. 99.80 and Rs. 75.30 respectively. The current market cap of the company is Rs. 343.80 crore.
The promoters holding in the company stood at 66.71%, while Institutions and Non-Institutions held 0.24% and 33.06% respectively.
AXISCADES Engineering Technologies has opened a Digital- Centre of Excellence (D-COE) in Pune, Maharashtra, India. The Digital - COE will house some of the key technology stacks that the company has been investing on including Industrial IOT, Augmented Reality, Artificial Intelligence /Machine Learning, Product Lifecycle Management (PLM) and Manufacturing Execution Systems (MES).
The centre will focus on building cutting-edge applications for shop floor digitization and intend to bring business value to their customers through their strategic alliances with companies like Altizon, Siemens Mindsphere, and Dassault Systemes. The centre will also focus on bringing new offerings to its expanding customer base in Pune and usher in localized efficiencies in its operations.
AXISCADES Engineering Technologies is engaged in the business of rendering engineering design services and is also into Software Development. Axis IT&T EDS unit offers such services as product design, design support and design validation. The Software Development Services comprise of providing interactive voice response applications.
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