Rs 1,800 Crore Order Book: This Defence Company Subsidiary Secures Significant Rs 223.95 Crore Indian Army Order for 50-Ton Tank Transporters

DSIJ Intelligence-2 / 04 Aug 2025/ Categories: Mindshare, Trending

Rs 1,800 Crore Order Book: This Defence Company Subsidiary Secures Significant Rs 223.95 Crore Indian Army Order for 50-Ton Tank Transporters

The stock is up 206 per cent from its 52-week low of Rs 420.90 per share, giving multibagger returns of 135 per cent in 1 year and a whopping 2,316 per cent in 5 years.

On Tuesday share price of AXISCADES Technologies Limited jumped nearly 4 per cent to an intraday high of Rs 1,336  per share. As of 2:51 pm IST, the stock price was trading at Rs 1,294.90 per share, up by 1.11 per cent.

AXISCADES Technologies Limited (formerly AXISCADES Engineering Technologies Limited) announced today that its wholly-owned subsidiary, AXISCADES Aerospace & Technologies Private Limited, has been awarded a significant contract by the Indian Army. This crucial order, valued at Rs 223.95 Crore, involves the supply of 212 units of next-generation 50-Ton Tank Transporter Trailers. 

The contract falls under the Indian government's "Atmanirbhar Bharat" initiative, emphasising self-reliance in defence manufacturing. The order was awarded by the Directorate General of Capability Development, Integrated Headquarters of the Ministry of Defence (Army), located in New Delhi. This is a domestic order, and the execution period for the supply of these 212 trailers is stipulated for over 2 years.  

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About the Company

AXISCADES 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. The company 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.

The company has a market cap of over Rs 5,500 crore and as of June 31, 2025, the order book stands at Rs 1,800 crore. The stock is up 206 per cent from its 52-week low of Rs 420.90 per share, giving multibagger returns of 135 per cent in 1 year and a whopping 2,316 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.