Rs 710 Crore Order Book: Hon. Defence Minister Rajnath Singh Visits This Aerospace & Defence Company’s Stall at Aero India 2025
The stock gave multibagger returns of 540 per cent in 3 years and a whopping 970 per cent in 5 years.
Hon. Defence Minister Rajnath Singh visited AXISCADES’ stall on the inaugural day of Aero India 2025 in Bengaluru, where he explored the company’s cutting-edge, indigenously developed defence solutions. AXISCADES, a prominent Aerospace and Defence technology provider, showcased an impressive array of products including Anti-drone Systems, Heavy Payload and Weaponized Drones, Unmanned Ground Vehicles, Direct RF, Advanced Radar, Sonar and Electronic Warfare Systems, as well as various Line Replaceable Units (LRUs) for the Tejas aircraft and advanced Test Benches. The Defence Minister's visit underscored the importance of indigenous innovation in enhancing the operational capabilities of the Indian Army, Navy, and Air Force, and highlighted AXISCADES' commitment to strengthening national defence.
Dr. Sampath Ravinarayanan, Chairman of AXISCADES Technologies Limited, expressed his gratitude for the Defence Minister's visit and recognition. He stated, "We are honoured by the Defence Minister's visit. It further motivates us to develop solutions that meet the evolving needs of our defence forces and fulfil the Honourable Defence Minister’s vision for Atmanirbharta, modernization and intelligent warfare in defence technologies.”
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About AXISCADES Technologies Ltd
AXISCADES Technologies Ltd is a global engineering and technology solutions company headquartered in Bangalore, with a presence in North America, Europe, and Asia. They offer a wide range of services across the entire product development lifecycle, from concept design to manufacturing support, for industries like aerospace, defence, automotive and medical devices. Their team of over 3200 professionals helps clients create innovative, sustainable, and safer products by leveraging their expertise in areas like avionics, electronic warfare and radar systems. They have a proven track record of working with major defence organizations and original equipment manufacturers, and their solutions have helped reduce program risks and shorten time to market for Fortune 500 companies.
The company has a market cap of Rs 2,978 crore and as of December 31, 2024, the company’s order book stands at Rs 710 crore. The stock gave multibagger returns of 540 per cent in 3 years and a whopping 970 per cent in 5 years. Investors should keep an eye on this small-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.