Kavveri Defence & Wireless Technologies Ltd Surges 5% to ₹131.97 Following Bulk Deal by Neo Apex Venture LLP

Bengaluru, October 14, 2025: Shares of Kavveri Defence & Wireless Technologies Ltd (NSE: KAVDEFENCE) continued their winning streak on Tuesday, by advancing another 5% to ₹131.97 and reaching the upper circuit for the second straight session.

The rally comes on the heels of a bulk transaction by Neo Apex Venture LLP, which bought 2.88 lakh shares at an average price of ₹108.30 on October 10th, giving strong momentum to investor sentiment in the small-cap defence and telecom equipment maker.

Kavveri Defence & Wireless Technologies Ltd, listed in January 2008, designs and manufactures RF devices, antennas, and integrated communication systems for defence and wireless applications. Based in Bengaluru, the company operates in the Telecom – Equipment & Accessories industry. Its sustained focus on indigenous defence technologies and wireless infrastructure solutions has garnered renewed industry attention, aligning with India’s continued emphasis on domestic defence manufacturing.

Stock Performance Snapshot

Kavveri Defence & Wireless Technologies Ltd was trading at ₹131.97 as of 12:36 PM, marking a 5% gain. The stock has surged 195% over the past six months, 41% in the last month, and 9% in the past five days. It opened at ₹131.97, with both the intraday high and low also recorded at ₹131.97. The company has a market capitalisation of ₹453.64 crore and a P/E ratio of 67.82. Its 52-week low and high stand at ₹42.93 and ₹162.87, respectively.

Bulk Deal Triggers Renewed Interest

On 10 October 2025, renewed buying interest in Kavveri Defence & Wireless Technologies Ltd followed a bulk deal. Neo Apex Venture LLP acquired 2,88,313 shares at an average price of ₹108.30, signalling accelerated activity in the stock. The purchase by Neo Apex last week marked a clear turning point, with the stock surging more than 22% over just three trading sessions.

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