Axiscades Tech.
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AXISCADES Technologies scheduled a board meeting for September 5, 2026, to consider raising up to ₹200 crore through secured, unlisted, redeemable non-convertible debentures. The notice did not specify the proposed coupon, maturity, investors or use of proceeds. The company had cash of ₹81 crore and a planned ₹100-150 crore bridge in its current funding plan. It reported FY26 revenue of about ₹1,159 crore.
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AXISCADES Technologies scheduled a board meeting for September 5, 2026, to consider raising up to ₹200 crore through secured, unlisted, redeemable non-convertible debentures. The notice did not specify the proposed coupon, maturity, investors or use of proceeds. The company had cash of ₹81 crore and a planned ₹100-150 crore bridge in its current funding plan. It reported FY26 revenue of about ₹1,159 crore.
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** Shares of Axiscades Technologies AXIT.NS rise as much as 4.1%; last up 1.3% at 1,615.1 rupees
** Engineering R&D co to acquire 90% stake in Bengaluru-based precision engineering co Cloud Wave Technologies for 2.34 billion rupees ($24.52 million)
** Acquisition is a key inorganic step to target continued expansion into aerospace manufacturing, says AXIT
** YTD, stock up 22.12%
($1 = 95.4400 Indian rupees)
(Reporting by Mridula Kumar in Bengaluru)
(([email protected];))
** Shares of Axiscades Technologies AXIT.NS rise as much as 4.1%; last up 1.3% at 1,615.1 rupees
** Engineering R&D co to acquire 90% stake in Bengaluru-based precision engineering co Cloud Wave Technologies for 2.34 billion rupees ($24.52 million)
** Acquisition is a key inorganic step to target continued expansion into aerospace manufacturing, says AXIT
** YTD, stock up 22.12%
($1 = 95.4400 Indian rupees)
(Reporting by Mridula Kumar in Bengaluru)
(([email protected];))
AXISCADES Technologies’ board approved the purchase of 90% of Cloud Wave Technologies for approximately ₹234 crore in cash, at an enterprise valuation of ₹260 crore subject to final account adjustments. The Bengaluru-based target operated seven manufacturing units, held AS9100D certification and served aerospace, defence and semiconductor customers in domestic and export markets. Its audited turnover rose to ₹107.78 crore in FY26 from ₹68.25 crore in FY25 and ₹36.98 crore in FY24; the remaining 10% could be acquired later, and the 90% purchase was scheduled for completion by 30 September 2026. AXISCADES described the deal as part of its shift from engineering services toward owned aerospace manufacturing and integrated engineering-and-manufacturing offerings. The company had earlier signed a non-binding offer for an AS9100-certified precision-manufacturing company. Its aerospace manufacturing activity generated ₹6.1 crore in the latest quarter, while group revenue was ₹1,159 crore in FY26. Manufacturing facilities in Devanahalli and Hyderabad were under development.
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AXISCADES Technologies’ board approved the purchase of 90% of Cloud Wave Technologies for approximately ₹234 crore in cash, at an enterprise valuation of ₹260 crore subject to final account adjustments. The Bengaluru-based target operated seven manufacturing units, held AS9100D certification and served aerospace, defence and semiconductor customers in domestic and export markets. Its audited turnover rose to ₹107.78 crore in FY26 from ₹68.25 crore in FY25 and ₹36.98 crore in FY24; the remaining 10% could be acquired later, and the 90% purchase was scheduled for completion by 30 September 2026. AXISCADES described the deal as part of its shift from engineering services toward owned aerospace manufacturing and integrated engineering-and-manufacturing offerings. The company had earlier signed a non-binding offer for an AS9100-certified precision-manufacturing company. Its aerospace manufacturing activity generated ₹6.1 crore in the latest quarter, while group revenue was ₹1,159 crore in FY26. Manufacturing facilities in Devanahalli and Hyderabad were under development.
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Aug 28 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES - BOARD APPROVES ACQUISITION OF 90% EQUITY IN CLOUD WAVE TECHNOLOGIES
AXISCADES TECHNOLOGIES - ACQUISITION FOR 2.34 BILLION RUPEES
Source text: ID:nBSE3w7lxG
Further company coverage: AXIT.NS
(([email protected];))
Aug 28 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES - BOARD APPROVES ACQUISITION OF 90% EQUITY IN CLOUD WAVE TECHNOLOGIES
AXISCADES TECHNOLOGIES - ACQUISITION FOR 2.34 BILLION RUPEES
Source text: ID:nBSE3w7lxG
Further company coverage: AXIT.NS
(([email protected];))
Jupiter Capital Private Limited, the promoter of Axiscades Technologies, sold 10 lakh equity shares through the BSE on June 30, 2026, a regulatory filing by the firm showed on July 1. The transaction trimmed Jupiter Capital’s voting rights in the engineering services company from 52.50% to 50.15%, while its total stake including encumbered shares fell from 58.03% to 55.68%. The filing did not disclose the sale price or the reason for the disposal.
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Jupiter Capital Private Limited, the promoter of Axiscades Technologies, sold 10 lakh equity shares through the BSE on June 30, 2026, a regulatory filing by the firm showed on July 1. The transaction trimmed Jupiter Capital’s voting rights in the engineering services company from 52.50% to 50.15%, while its total stake including encumbered shares fell from 58.03% to 55.68%. The filing did not disclose the sale price or the reason for the disposal.
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Axiscades Technologies' board has approved the sale of its aerospace engineering services business to Akkodis Group AG in a deal valued at USD 206.3 million. The transaction will be executed through an internal carve-out into newly incorporated subsidiaries, followed by a phased divestiture: Akkodis will initially acquire 51% for USD 77.7 million in cash, with the remaining 49% to be transferred after two years for USD 76 million plus up to USD 52.6 million in performance-linked contingent payments. The business being sold contributed 31% of the company's consolidated revenue in fiscal 2025. Proceeds are intended for technology and capability-led acquisitions, manufacturing infrastructure for the company's core aerospace, defence and ESAI businesses, and strengthening the balance sheet. Closing of the first tranche is expected within five to six months.
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Axiscades Technologies' board has approved the sale of its aerospace engineering services business to Akkodis Group AG in a deal valued at USD 206.3 million. The transaction will be executed through an internal carve-out into newly incorporated subsidiaries, followed by a phased divestiture: Akkodis will initially acquire 51% for USD 77.7 million in cash, with the remaining 49% to be transferred after two years for USD 76 million plus up to USD 52.6 million in performance-linked contingent payments. The business being sold contributed 31% of the company's consolidated revenue in fiscal 2025. Proceeds are intended for technology and capability-led acquisitions, manufacturing infrastructure for the company's core aerospace, defence and ESAI businesses, and strengthening the balance sheet. Closing of the first tranche is expected within five to six months.
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** Shares of Axiscades Technologies AXIT.NS jumped 5% to hit upper circuit limit of 1967.4 rupees
** Engineering and R&D services firm divests program for aerospace engineering services business for $152.4 million
** Akkodis, a Switzerland-based digital engineering consulting co to acquire 51% controlling interest in Axiscades's aerospace engineering services segment
** Stock up ~7% this week, set to snap four straight sessions of losses
** YTD, AXIT up ~49%
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
** Shares of Axiscades Technologies AXIT.NS jumped 5% to hit upper circuit limit of 1967.4 rupees
** Engineering and R&D services firm divests program for aerospace engineering services business for $152.4 million
** Akkodis, a Switzerland-based digital engineering consulting co to acquire 51% controlling interest in Axiscades's aerospace engineering services segment
** Stock up ~7% this week, set to snap four straight sessions of losses
** YTD, AXIT up ~49%
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
May 27 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - SUBSIDIARY SECURES ORDER WORTH 69 MILLION RUPEES
Source text: ID:nBSE8lQK81
Further company coverage: AXIT.NS
(([email protected];))
May 27 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - SUBSIDIARY SECURES ORDER WORTH 69 MILLION RUPEES
Source text: ID:nBSE8lQK81
Further company coverage: AXIT.NS
(([email protected];))
March 16 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES - APPROVES ACQUISITION OF REMAINING 24% STAKE IN CADES STUDEC TECHNOLOGIES
AXISCADES TECHNOLOGIES - $1.5 MILLION FOR ACQUIRING 24% STAKE IN CSTI
Source text: ID:nBSE9qh0fh
Further company coverage: AXIT.NS
(([email protected];))
March 16 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES - APPROVES ACQUISITION OF REMAINING 24% STAKE IN CADES STUDEC TECHNOLOGIES
AXISCADES TECHNOLOGIES - $1.5 MILLION FOR ACQUIRING 24% STAKE IN CSTI
Source text: ID:nBSE9qh0fh
Further company coverage: AXIT.NS
(([email protected];))
Feb 23 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
UNIT RECEIVES 250 MILLION RUPEES ORDER FOR LCA MK1A PROGRAM
Source text: ID:nNSE3yyLcL
Further company coverage: AXIT.NS
(([email protected];))
Feb 23 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
UNIT RECEIVES 250 MILLION RUPEES ORDER FOR LCA MK1A PROGRAM
Source text: ID:nNSE3yyLcL
Further company coverage: AXIT.NS
(([email protected];))
Feb 9 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES DEC-QUARTER CONSOL NET PROFIT 277.2 MILLION RUPEES
AXISCADES TECHNOLOGIES LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.43 BILLION RUPEES
Source text: ID:nBSErrxCw
Further company coverage: AXIT.NS
(([email protected];;))
Feb 9 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES DEC-QUARTER CONSOL NET PROFIT 277.2 MILLION RUPEES
AXISCADES TECHNOLOGIES LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.43 BILLION RUPEES
Source text: ID:nBSErrxCw
Further company coverage: AXIT.NS
(([email protected];;))
** Shares of Axiscades Technologies AXIT.NS rise 5% to 1,228.30 rupees
** Stock hits upper limit of exchange-mandated trading band
** Co's subsidiary Mistral Solutions received development and production contracts worth 135 mln rupees ($1.4 mln) from US customers post the India-US trade deal
** Orders from Axon Enterprise Inc and Stratacache Inc
** AXIT more than doubled in 2025
($1 = 90.3760 Indian rupees)
(Reporting by Vijay Malkar in Bengaluru)
(([email protected]; +91 8097833031;))
** Shares of Axiscades Technologies AXIT.NS rise 5% to 1,228.30 rupees
** Stock hits upper limit of exchange-mandated trading band
** Co's subsidiary Mistral Solutions received development and production contracts worth 135 mln rupees ($1.4 mln) from US customers post the India-US trade deal
** Orders from Axon Enterprise Inc and Stratacache Inc
** AXIT more than doubled in 2025
($1 = 90.3760 Indian rupees)
(Reporting by Vijay Malkar in Bengaluru)
(([email protected]; +91 8097833031;))
Jan 27 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - SIGNS STRATEGIC PARTNERSHIP WITH OGMA
Source text: ID:nNSE5sN0sP
Further company coverage: AXIT.NS
(([email protected];))
Jan 27 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - SIGNS STRATEGIC PARTNERSHIP WITH OGMA
Source text: ID:nNSE5sN0sP
Further company coverage: AXIT.NS
(([email protected];))
Jan 23 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
MISTRAL SOLUTIONS RECEIVES CONTRACT FOR $ 1 MILLION
Source text: ID:nBSEG4dG5
Further company coverage: AXIT.NS
(([email protected];))
Jan 23 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
MISTRAL SOLUTIONS RECEIVES CONTRACT FOR $ 1 MILLION
Source text: ID:nBSEG4dG5
Further company coverage: AXIT.NS
(([email protected];))
Jan 8 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
COURT QUASHES TAX NOTICE RECEIVED BY UNIT
Source text: ID:nNSE1ydrl9
Further company coverage: AXIT.NS
(([email protected];))
Jan 8 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
COURT QUASHES TAX NOTICE RECEIVED BY UNIT
Source text: ID:nNSE1ydrl9
Further company coverage: AXIT.NS
(([email protected];))
Sept 4 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - GOT CONTRACT VALUED AT ABOUT $1 MILLION USD
Source text: ID:nBSE666HsH
Further company coverage: AXIT.NS
(([email protected];))
Sept 4 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - GOT CONTRACT VALUED AT ABOUT $1 MILLION USD
Source text: ID:nBSE666HsH
Further company coverage: AXIT.NS
(([email protected];))
** Shares of Axiscades Technologies AXIT.NS climb the exchange-allowed maximum of 5% to 1,337.70 rupees
** Engineering and R&D services firm wins two new orders in aircraft cabin interiors design and development from two global leaders, without mentioning their names
** Bags pilot orders worth $1.2 million from aerospace manufacturer and aircraft cabin interior firm
** AXIT doubles YTD
(Reporting by Urvi Dugar)
(([email protected];))
** Shares of Axiscades Technologies AXIT.NS climb the exchange-allowed maximum of 5% to 1,337.70 rupees
** Engineering and R&D services firm wins two new orders in aircraft cabin interiors design and development from two global leaders, without mentioning their names
** Bags pilot orders worth $1.2 million from aerospace manufacturer and aircraft cabin interior firm
** AXIT doubles YTD
(Reporting by Urvi Dugar)
(([email protected];))
** Shares of Axiscades Technologies AXIT.NS rise 2.8% to 1,281 rupees
** ** Engineering and R&D co gets order worth 1.50 billion rupees ($17.14 mln) from DRDO, Ministry of Defence
** Order includes 600 SU-30MKI upgrades
** Stock up 102% YTD
($1 = 87.5060 Indian rupees)
(Reporting by Rudra Pratap Singh in Bengaluru)
** Shares of Axiscades Technologies AXIT.NS rise 2.8% to 1,281 rupees
** ** Engineering and R&D co gets order worth 1.50 billion rupees ($17.14 mln) from DRDO, Ministry of Defence
** Order includes 600 SU-30MKI upgrades
** Stock up 102% YTD
($1 = 87.5060 Indian rupees)
(Reporting by Rudra Pratap Singh in Bengaluru)
** Axiscades Technologies AXIT.NS rises 3.7% to 1,329 rupees
** Engineering and R&D co gets order worth 2.24 bln rupees ($25.7 mln) from Indian Army
** Order includes supply of 212 tank transporter trailers over two years
** AXIT gains 110% YTD
($1 = 87.1700 Indian rupees)
(Reporting by Rudra Pratap Singh in Bengaluru)
** Axiscades Technologies AXIT.NS rises 3.7% to 1,329 rupees
** Engineering and R&D co gets order worth 2.24 bln rupees ($25.7 mln) from Indian Army
** Order includes supply of 212 tank transporter trailers over two years
** AXIT gains 110% YTD
($1 = 87.1700 Indian rupees)
(Reporting by Rudra Pratap Singh in Bengaluru)
June 19 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - SIGNS STRATEGIC MOU WITH ALDORIA
AXISCADES TECHNOLOGIES LTD - MOU FOR SPACE CAPABILITIES
Source text: ID:nBSE3JdBCq
Further company coverage: AXIT.NS
(([email protected];))
June 19 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - SIGNS STRATEGIC MOU WITH ALDORIA
AXISCADES TECHNOLOGIES LTD - MOU FOR SPACE CAPABILITIES
Source text: ID:nBSE3JdBCq
Further company coverage: AXIT.NS
(([email protected];))
June 18 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - MBDA AND AXISCADES TO EXPAND STRATEGIC COOPERATION
AXISCADES TECHNOLOGIES LTD - MBDA AND AXISCADES HAVE DECIDED TO EXPAND THEIR DOMAINS OF COOPERATION
Further company coverage: AXIT.NS
(([email protected];))
June 18 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - MBDA AND AXISCADES TO EXPAND STRATEGIC COOPERATION
AXISCADES TECHNOLOGIES LTD - MBDA AND AXISCADES HAVE DECIDED TO EXPAND THEIR DOMAINS OF COOPERATION
Further company coverage: AXIT.NS
(([email protected];))
** Shares of India's Axiscades Technologies AXIT.NS up 5% to 1278 rupees
** Co, which provides engineering and R&D services, along with Spanish defence firm Indra sign pact for manufacturing of Indra's products in India
** Indra to acquire defence-related products and services from AXIT; both cos exploring joint product development for Indian, global markets - statement
** YTD AXIT has surged 102%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's Axiscades Technologies AXIT.NS up 5% to 1278 rupees
** Co, which provides engineering and R&D services, along with Spanish defence firm Indra sign pact for manufacturing of Indra's products in India
** Indra to acquire defence-related products and services from AXIT; both cos exploring joint product development for Indian, global markets - statement
** YTD AXIT has surged 102%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
March 6 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
SUBSIDIARY MISTRAL AND ALTERA FORGE STRATEGIC ALLIANCE
PARTNERSHIP FOR HIGH-PERFORMANCE AEROSPACE AND DEFENSE COMPUTING
MISTRAL UNVEILS SOSA-ALIGNED 3U VPX PROCESSING ENGINES
Source text: ID:nBSE1s2PXJ
Further company coverage: AXIT.NS
(([email protected];;))
March 6 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
SUBSIDIARY MISTRAL AND ALTERA FORGE STRATEGIC ALLIANCE
PARTNERSHIP FOR HIGH-PERFORMANCE AEROSPACE AND DEFENSE COMPUTING
MISTRAL UNVEILS SOSA-ALIGNED 3U VPX PROCESSING ENGINES
Source text: ID:nBSE1s2PXJ
Further company coverage: AXIT.NS
(([email protected];;))
Jan 28 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - NAMES SAMPATH RAVINARAYANAN AS CHAIRMAN
Source text: ID:nBSE7VQfch
Further company coverage: AXIT.NS
(([email protected];))
Jan 28 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - NAMES SAMPATH RAVINARAYANAN AS CHAIRMAN
Source text: ID:nBSE7VQfch
Further company coverage: AXIT.NS
(([email protected];))
Jan 15 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - APPOINTS ALFONSO MARTINEZ FERNANDEZ AS GROUP CEO AND MD
Source text: [ID:]
Further company coverage: AXIT.NS
(([email protected];))
Jan 15 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES LTD - APPOINTS ALFONSO MARTINEZ FERNANDEZ AS GROUP CEO AND MD
Source text: [ID:]
Further company coverage: AXIT.NS
(([email protected];))
Jan 2 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES - ARUN KRISHNAMURTHI RESIGNS AS CEO, MD
Source text: ID:nNSE8sKGyq
Further company coverage: AXIT.NS
(([email protected];))
Jan 2 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES - ARUN KRISHNAMURTHI RESIGNS AS CEO, MD
Source text: ID:nNSE8sKGyq
Further company coverage: AXIT.NS
(([email protected];))
Dec 2 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
ANNOUNCES STRATEGIC RESTRUCTURING OF ITS DEFENCE-FOCUSED UNITS
RESTRUCTURING PROCESS INITIATED IN Q3 FY2025, SHOULD BE COMPLETED BY Q4FY25
UNIT ACAT'S OPERATIONS WILL BE INTEGRATED WITH UNIT MISTRAL
Source text: ID:nBSE3QZs68
Further company coverage: AXIT.NS
(([email protected];;))
Dec 2 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
ANNOUNCES STRATEGIC RESTRUCTURING OF ITS DEFENCE-FOCUSED UNITS
RESTRUCTURING PROCESS INITIATED IN Q3 FY2025, SHOULD BE COMPLETED BY Q4FY25
UNIT ACAT'S OPERATIONS WILL BE INTEGRATED WITH UNIT MISTRAL
Source text: ID:nBSE3QZs68
Further company coverage: AXIT.NS
(([email protected];;))
Nov 12 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES SEPT-QUARTER CONSOL TOTAL NET PROFIT 123 MILLION RUPEES
AXISCADES TECHNOLOGIES SEPT-QUARTER CONSOL TOTAL INCOME 2.69 BILLION RUPEES
AXISCADES TECHNOLOGIES - APPROVED FUND RAISE FOR 500 MLN RUPEES
Source text: ID:nBSE2GQmDV
Further company coverage: AXIT.NS
(([email protected];))
Nov 12 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
AXISCADES TECHNOLOGIES SEPT-QUARTER CONSOL TOTAL NET PROFIT 123 MILLION RUPEES
AXISCADES TECHNOLOGIES SEPT-QUARTER CONSOL TOTAL INCOME 2.69 BILLION RUPEES
AXISCADES TECHNOLOGIES - APPROVED FUND RAISE FOR 500 MLN RUPEES
Source text: ID:nBSE2GQmDV
Further company coverage: AXIT.NS
(([email protected];))
Sept 23 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
TO CONSIDER PARTIAL PREPAYMENT OF NCDS OF CO
Source text for Eikon: ID:nBSE8fq3Dr
Further company coverage: AXIT.NS
(([email protected];;))
Sept 23 (Reuters) - Axiscades Technologies Ltd AXIT.NS:
TO CONSIDER PARTIAL PREPAYMENT OF NCDS OF CO
Source text for Eikon: ID:nBSE8fq3Dr
Further company coverage: AXIT.NS
(([email protected];;))
** Shares of India's Axiscades Technologies AXIT.NS gains 4.3% to 566 rupees, extends rally to third straight session
** Co said unit got long-term contract by UK's Highview Power but did not furnish any financial details
** Trading vols 1.3x 30-day avg
** Day's rise trims YTD drop to ~12%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's Axiscades Technologies AXIT.NS gains 4.3% to 566 rupees, extends rally to third straight session
** Co said unit got long-term contract by UK's Highview Power but did not furnish any financial details
** Trading vols 1.3x 30-day avg
** Day's rise trims YTD drop to ~12%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
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Popular questions
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What does Axiscades Tech. do?
Axiscades Engineering Technologies Limited offers innovative and sustainable engineering solutions to fortune 100 clients across various sectors, focusing on delivering business value throughout the engineering lifecycle.
Who are the competitors of Axiscades Tech.?
Axiscades Tech. major competitors are Tata Elxsi, Data Patterns (I), KPIT Technologies, Astra Microwave Prod, Newgen Software Tech, Sonata Software, Tanla Platforms. Market Cap of Axiscades Tech. is ₹7,272 Crs. While the median market cap of its peers are ₹15,072 Crs.
Is Axiscades Tech. financially stable compared to its competitors?
Axiscades Tech. seems to be less financially stable compared to its competitors. Altman Z score of Axiscades Tech. is 7.69 and is ranked 4 out of its 8 competitors.
Does Axiscades Tech. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Axiscades Tech. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Axiscades Tech. allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Axiscades Tech. balance sheet?
Balance sheet of Axiscades Tech. is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Axiscades Tech. improving?
The profit is oscillating. The profit of Axiscades Tech. is ₹36.64 Crs for TTM, ₹74.94 Crs for Mar 2025 and ₹32.81 Crs for Mar 2024.
Is the debt of Axiscades Tech. increasing or decreasing?
Yes, The net debt of Axiscades Tech. is increasing. Latest net debt of Axiscades Tech. is ₹231 Crs as of Mar-26. This is greater than Mar-25 when it was ₹10.99 Crs.
Is Axiscades Tech. stock expensive?
Yes, Axiscades Tech. is expensive. Latest PE of Axiscades Tech. is 197, while 3 year average PE is 88.29. Also latest EV/EBITDA of Axiscades Tech. is 48.62 while 3yr average is 22.12.
Has the share price of Axiscades Tech. grown faster than its competition?
Axiscades Tech. has given better returns compared to its competitors. Axiscades Tech. has grown at ~78.61% over the last 4yrs while peers have grown at a median rate of -0.84%
Is the promoter bullish about Axiscades Tech.?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Axiscades Tech. is 58.03% and last quarter promoter holding is 58.05%
Are mutual funds buying/selling Axiscades Tech.?
The mutual fund holding of Axiscades Tech. is increasing. The current mutual fund holding in Axiscades Tech. is 1.45% while previous quarter holding is 1.11%.