Axiscades Share Price Surges Over 5% After Securing ₹600 Crore Defence Orders

Market Performance

Axiscades Technologies witnessed a sharp surge of over 5% in its share price on July 30, following the announcement of major defence orders.

• The stock rallied over 5% intraday
• The year-to-date share price gain stands at a massive 95%
• The boost came after the company announced orders worth up to ₹600 crore

Main News

Axiscades Technologies, a key player in technology and engineering solutions, disclosed in a regulatory filing that it has secured defence orders totaling ₹600 crore. These orders will be executed over the next 3–5 years and represent one-third of the company’s current orderbook, which stands around ₹1,800 crore.

The projects span airborne, naval, and radar-based platforms, sourced from defence laboratories, and include collaborations with premier entities like DRDO and other PSUs.

According to the company, this development will ensure a steady revenue stream, involving both prototyping and full-scale production phases.

Company Details

Axiscades has strengthened its position in indigenous defence programs through these orders. These initiatives deepen the company’s participation in:

• Fighter aircraft upgrades
• Naval modernization
• Long-range radar systems

The orders will further solidify Axiscades’ presence in key strategic sectors of India’s defence infrastructure.

Breakdown of Defence Projects

1. AESA Radar Program (Su-30 MKI Upgrade)

• Involves development of critical radar sub-systems
• Includes Exciter Unit, Receiver Unit, and Antenna Beam Control Motherboard
• Replaces Russian radar systems on Su-30 MKI jets

2. TR Modules for S-Band Surveillance Radars

• Design and delivery of advanced Transmit-Receive modules
• Enhances detection, tracking, and signal fidelity for long-range surveillance

3. LRBMR – KUSHA (Long-Range Battle Management Radar)

• Axiscades to provide Digital Beam Forming (DBF) units
• Operates in S-band with a range of over 500 km
• Enables simultaneous tracking of multiple targets

4. Electric Heavy Weight Torpedo (EHWT)

• Design and supply of Homing Receiver units
• Aids autonomous target acquisition for next-gen submarine warfare

5. Submarine Sonar Systems

• Production order for multiple sonar subsystems
• Strengthens company’s role in undersea warfare technologies

Company's Technological Edge

The Chief Technology Officer, C Manikandan, emphasized the company’s strength in radar, sonar, and electronics systems. The new defence projects highlight Axiscades’ deep integration with India’s defence research ecosystem.

Summary of the Article

• Axiscades share price jumped over 5% on July 30 after announcing ₹600 crore in new defence orders
• The fresh orders form one-third of its ₹1,800 crore orderbook
• Involves participation in key Indian defence programs such as Su-30 MKI upgrades, radar systems, and torpedo technologies
• Strengthens its footprint across airborne, naval, and undersea platforms