AXISCADES Technologies Share Price Hits 5% Upper Circuit After Defence Order

As India accelerates its push for defence self-reliance and indigenous innovation, companies operating in the strategic electronics space are seeing increased traction. One such example is AXISCADES Technologies Limited. 

AXISCADES Technologies Secures ₹600 Crore Defence Orders

AXISCADES Technologies Limited, a leading provider in defence, electronics, semiconductors and artificial intelligence solutions, has secured multiple strategic defence electronics orders across airborne, naval, and radar programmes. The contracts have been awarded through its defence subsidiaries and reinforce the company's standing as a trusted partner in India’s defence modernisation journey.

The cumulative order value is approximately ₹600 crore and is scheduled for execution over the next 3 to 5 years. This pipeline offers consistent revenue visibility through various development, prototyping, and full-scale production stages.

Key Programmes Included In The Order

The new orders span several advanced indigenous programmes led by Defence PSUs and DRDO. These initiatives focus on critical areas such as radar system upgrades, submarine warfare technology, and long-range surveillance capabilities. The highlights include:

• VIRUPAKSHA Radar Programme (Su-30 MKI upgrade): AXISCADES will design and supply key radar components, including the Exciter Unit, Receiver Unit, and Antenna Beam Control Motherboard. These are essential for generating, receiving, and processing radar signals and will replace the Russian-made radar on Su-30 aircraft.
• Transmit-Receive Modules For S-Band Radars: The company will develop modules that enhance signal tracking, detection, and accuracy for long-range surveillance applications.
• Digital Beam Forming Units For LRBMR – KUSHA: Contributions to this battlefield radar system, capable of detecting threats over a range of 500 kilometres, will enable multi-target engagement and enhanced battlefield intelligence.
• Electric Heavy Weight Torpedo (EHWT): AXISCADES is tasked with the development and delivery of the Homing Receiver unit, a crucial component for autonomous target acquisition in submarine-launched weapon systems.
• Sonar Systems For Submarines: The company will also deliver sonar sub-systems at production scale, underlining its growing influence in undersea warfare electronics.

Strengthening India's Defence Ecosystem

Commenting on the achievement, Mr C. Manikandan, Chief Technology Officer of AXISCADES, stated, “Our partnerships on these critical programmes reflect our core strength in high-performance radar, sonar, and signal processing electronics. These wins also highlight our deep integration into India’s premier defence research and production ecosystem.”

The company’s active involvement in projects across land, naval, and aerospace domains indicates its growing role in the indigenous defence value chain. Its long-term relationships with defence forces, laboratories, and public sector units further bolster this positioning.

AXISCADES Technologies Share Price Performance 

Following this announcement, AXISCADES share price hit the upper circuit of 5% as of 1:17 PM on July 30, 2025.

Read More: Best Defence Stocks In India In August 2025!

Conclusion

AXISCADES’s latest order reinforces its position as a key technology enabler for India’s defence sector. As the country continues its path towards indigenous defence capability, companies like AXISCADES are likely to play an increasingly crucial role. 

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