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Axiscades Technologies is currently trading at Rs. 511.70, up by 0.20 points or 0.04% from its previous closing of Rs. 511.50 on the BSE.
The scrip opened at Rs. 516.00 and has touched a high and low of Rs. 523.95 and Rs. 507.05 respectively. So far 19092 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 848.00 on 11-Jan-2024 and a 52 week low of Rs. 345.65 on 31-May-2023.
Last one week high and low of the scrip stood at Rs. 600.95 and Rs. 502.00 respectively. The current market cap of the company is Rs. 2147.54 crore.
The promoters holding in the company stood at 60.30%, while Institutions and Non-Institutions held 8.92% and 30.77% respectively.
Axiscades Technologies’ subsidiary -- Mistral Solutions has achieved a significant milestone by securing a large order from Bharat Electronics (BEL), a premier Aerospace and Defense electronics company in Bangalore owned by the Government of India. The order entails design, development, and supply of eight Radar Processing Systems for the Arudhra Medium Powered Radar (MPR). With a gross order value of Rs 90 crore, the systems will be delivered over a span of four years.
The MPR is an indigenous rotating active phased array multifunction 4D Radar capable of automatic detection and tracking of aerial targets ranging from slow-moving targets to combat aircraft. This order is a result of the long-standing effort by DRDO since 2012 to design and build an indigenous Radar, having subcontracted Mistral for the Design and Development of the RADAR Signal Processing system.
Axiscades Technologies is a holistic technology and engineering solutions provider, with a footprint across the entire product lifecycle management needs of global OEMs and core engineering firms.
| Company Name | CMP |
|---|---|
| TCS | 3831.95 |
| Infosys | 1488.55 |
| HCL Tech. | 1430.80 |
| Wipro | 477.35 |
| Tech Mahindra | 1370.95 |
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