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AXISCADES Technologies Ltd. ( (IN:AXISCADES) ) has issued an announcement.
AXISCADES Technologies Limited has secured significant Defence electronics orders across airborne, naval, and radar programs from premier Defence laboratories in India. These orders, valued at around ₹600 Cr, include contributions to major programs such as the VIRUPAKSHA Radar Program, TR Modules for S-Band Surveillance Radars, and Sonar Systems for Submarines. This development strengthens AXISCADES’s position as a key partner in India’s Defence modernization efforts, ensuring a steady revenue stream over the next 3 to 5 years and highlighting its integration into India’s Defence research and production ecosystem.
More about AXISCADES Technologies Ltd.
AXISCADES Technologies Limited is a company specializing in Defence, Electronics, Semiconductor, and Artificial Intelligence applications. It operates as a chip to product company and is involved in the development of advanced sub-systems for Defence platforms, focusing on indigenous development and self-reliance in India’s Defence sector.
Average Trading Volume: 30,220
Technical Sentiment Signal: Buy
Current Market Cap: 55.23B INR
For an in-depth examination of AXISCADES stock, go to TipRanks’ Overview page.