Rs 1,260 Crore Order Book: Multibagger Defence Stock Hit Upper Circuit After Securing New Orders; Complete Details Inside
DSIJ Intelligence-1 / 02 Sep 2025/ Categories: Multibaggers, Trending
The stock gave multibagger returns of 102 per cent in just 1 year and a whopping 1,990 per cent in 5 years.
On Tuesday, multibagger defence stock hit a 5 per cent upper circuit to Rs 1,327.85 per share from its previous closing of Rs 1,264.65 per share.
AXISCADES Technologies Ltd. has secured new orders, causing its stock to reach the upper circuit. The first order, received by its subsidiary Mistral Solutions, is for the development and supply of Electronic Control Units (ECUs) for the Su-30MKI “Super-30” modernisation program. This initial development contract will be followed by a production order for an estimated 600 units, with a total value of Rs 150 crores over five years.
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In a separate development, AXISCADES announced two new wins in the aircraft cabin interiors sector. The pilot orders, valued at USD 1.2 million, were awarded by a global aerospace OEM and a European-American aircraft cabin interior company. These contracts mark AXISCADES' expansion into providing end-to-end engineering solutions for cabin interiors, including design, seating systems, electrical wiring and retrofit solutions.
These new orders not only highlight AXISCADES' growing influence in the aerospace and defence sectors but also align with the "Atmanirbhar Bharat" (Self-Reliant India) initiative. The company is poised to strengthen its position as a comprehensive solutions provider, capitalising on its extensive experience in aero-structures to capture a share of the expanding aircraft interiors market.
About the Company
Axiscades Technologies Ltd is a leading technology and product company with over 25 years of experience in the aerospace, defence and ESAI (Electronic Systems and Industrial Automation) sectors. It offers cutting-edge solutions ranging from conceptual design to manufacturing and certification, making it a preferred partner for OEMs (Original Equipment Manufacturers) and Tier 1 suppliers in these industries.
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The company has a market cap of over Rs 5,900 crore and as of June 30, 2025, the company’s order book stands at Rs 1,260 crore. The stock gave multibagger returns of 102 per cent in just 1 year and a whopping 1,990 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.