AXISCADES Technologies Stock Price Hits 52-Week High Today
By Shishta Dutta | Published at: Jun 19, 2025 03:50 PM IST
Bengaluru, June 19, 2025: AXISCADES Technologies Ltd (NSE: AXISCADES) surged 4.92% in morning trade to ₹1,409.10, marking a new 52-week high following the company’s reaffirmation of strategic collaboration with global missile systems leader MBDA. However, it traded slightly lower at around 1:30 pm, reaching ₹1,407.00, but was still up by 4.84% or 65.00 points.
Stock Movement and Price Action
The stock opened at ₹1,400 and touched an intraday high of ₹1,409.10, its highest level in the past year. The previous close was ₹1,342.
| Metric | Today (19-Jun-2025) |
|---|---|
| Open | ₹1,400.00 |
| High | ₹1,409.10 (52W High) |
| Low | ₹1,295.00 |
| VWAP | ₹1,385.51 |
| Prev. Close | ₹1,342.00 |
| Price Change | +₹66.00 (4.92%) |
| Traded Volume | 2.20 lakh shares |
| Traded Value | ₹30.48 crore |
Strategic Boost: MBDA Partnership Expansion
MBDA CEO Eric Béranger and AXISCADES Chairman Dr. Sampath Ravinarayanan announced plans to expand their ongoing cooperation. The collaboration, which is centred on MBDA’s “Make in India” roadmap, has already seen AXISCADES deliver multiple generations of test solutions for MBDA’s MICA missiles and launchers.
AXISCADES also provides depot-level maintenance services for missile launchers and has a dedicated facility to support these operations, aligning with India’s self-reliant defence goals.
Market Snapshot & Valuation
| Market Metrics | Value |
|---|---|
| Market Cap | ₹5,983.67 crore |
| Free Float Market Cap | ₹2,399.17 crore |
| Adjusted P/E | 72.49 |
| Symbol P/E | 75.73 |
| 52-Week Range | ₹420.90 – ₹1,409.10 |
| Annualised Volatility | 68.59 |
Major Stock Price Milestone: What’s Ahead?
Hitting a 52-week high signals strong investor confidence, boosted by AXISCADES’ deepening partnership with MBDA and alignment with India’s defence goals. In the near term, the stock may experience some profit booking, but long-term prospects look positive if defence contracts scale up. Investors should track order inflows, execution capability, and valuation, which is currently on the higher side.
AXISCADES Technologies: Company Profile
AXISCADES Technologies Ltd., listed on the NSE and BSE since December 21, 2000, is a key player in the aerospace and defence sector, offering engineering solutions to global OEMs and defence programs. The company plays an active role in India’s indigenisation goals through collaborations like MBDA and remains positioned to benefit from rising defence and aerospace investments.
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