Axiscades Technologies Share Price Hits 5% Upper Circuit After $1 Million Defence Order Win

Axiscades Technologies share price jumped to the 5% upper circuit on Friday, January 23, after the company announced a fresh order win. The stock touched ₹1,156.10 on the BSE and was trading close to this level in early deals.

Details of the $1 Million Order

The company informed stock exchanges that its subsidiary, Mistral Solutions Private Limited, has secured a pilot, multi-year order worth around $1 million.

The contract involves testing advanced audio products for a global hyperscaler customer at the newly set up Acoustic Lab at the Aeroland facility. The order falls under the company’s ESAI division.

Focus on Advanced Audio and AI Integration

According to the company, the audio products will feature advanced spatial audio processing, custom-designed chips for better noise cancellation, and AI-based capabilities to deliver smarter, immersive audio experiences.

Management said this pilot project could lead to more opportunities in innovative audio product development over the coming years.

Recent Order Wins Add Momentum

Earlier this month, Mistral Solutions also secured a ₹100 crore order under India’s indigenous Low-Level Transportable Radar (LLTR Ashwini) programme, developed by DRDO and BEL. This order further strengthens Axiscades’ presence in the defence and aerospace segment.

Also Read: Best Long-Term Stocks in Jan 2026 – 5yr CAGR Basis!

Axiscades Technologies Share Price Movement

Despite Friday’s rally, Axiscades Technologies shares are down around 13% so far this month, reflecting broader market weakness.

However, the stock remains a long-term multibagger. Over the last 3 years, the shares have gained about 255%, and over 5 years, the stock has surged more than 2,100%, according to BSE data.

Conclusion

Axiscades Technologies’ latest order win highlights its growing capabilities in high-tech defence and aerospace solutions. While the stock has seen short-term volatility, strong execution and consistent order inflows continue to support its long-term growth story.

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