&w=3840&q=100)
Axiscades Technologies share jumps 5%, hits all-time high today; here's why
Axiscades Technologies share price: Axiscades Technologies shares were in demand on Friday, June 20, 2025, with the scrip rallying up to 4.67 per cent to hit a fresh all-time high of ₹1,479 per share.
At 9:50 AM, Axiscades Technologies shares were trading 3.33 per cent higher at ₹1,460 per share. In comparison, BSE Sensex was trading 0.42 per cent higher at 81,703.22 levels.
Why did Axiscades Technologies shares rise today?
Shares of Axiscades Technologies surged today after the company signed two major international agreements aimed at boosting its presence in the aerospace, defence, and space technology sectors.
The first boost came from a collaboration with Indra, a Spanish defence and technology major.
The partnership aims to manufacture several of Indra's aerospace and defence systems in India, including Distance Measuring Equipment (DME) and countermeasure systems designed to protect aircraft from missile threats such as MANPADS.
This alliance not only enhances Indra's global manufacturing footprint but also strengthens India's defence production capabilities under the 'Make in India' initiative. Both companies are also exploring future collaborations in Maritime Patrol Aircraft (MPA) solutions and key DRDO programmes, including MRMR and MMMA.
Separately, on June 19, Axiscades Technologies entered into a strategic Memorandum of Understanding (MoU) with Aldoria, a leading European firm specialising in Space Surveillance and Situational Awareness (SSA).
Announced at the 2025 Paris Air Show, the partnership aims to strengthen India's space capabilities by jointly developing software and integrated systems for orbital monitoring and collision avoidance.
As part of the MoU, both companies will explore opportunities for high-level data integration and system alignment to deliver advanced SSA solutions that enhance India's space safety, security, and sovereignty.
The collaboration also involves the exchange of selective technical insights to ensure compatibility with India's evolving space ecosystem.
Following five months of discussions with ISRO and ISTRAC, Axiscades Technologies and Aldoria formalised this partnership to address growing needs in the space domain. The two firms will also work on scalable, end-to-end solutions designed to improve situational awareness in orbit—marking a major step toward building robust space infrastructure for the future.
Sampath Ravinarayanan, chairman, Axiscades Technologies, said, 'India's growing constellation of space assets demands robust, indigenous SSA systems. Our collaboration with Aldoria marks an important milestone in our ongoing commitment to providing India's space ambitions with the best technology solutions available. We aspire to contribute and create a safe and sustainable space environment by combining our engineering expertise with Aldoria's pioneering role in space surveillance. Strategic space capabilities are essential for national security and long-term space exploration, and this alliance is a step toward enabling them.'
About Axiscades Technologies
Axiscades Technologies is among the leading technology and product engineering companies with over 25 years of expertise in aerospace, defence, and electronic systems & industrial automation (ESAI). The company provides end-to-end solutions—from conceptual design to manufacturing and certification—making it a trusted partner for OEMs and Tier 1 suppliers worldwide.
The market capitalisation of Axiscades Technologies is ₹6,162.16 crore. The company falls under the BSE SmallCap index.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
Top 10 firms' m-cap: Reliance leads Rs 2.34 lakh crore surge; Infosys only laggard as Sensex rises 1,650 points this week
The market capitalisation of nine of India's top-10 most valued companies rose by Rs 2,34,565.53 crore last week, with Reliance Industries emerging as the biggest gainer in step with the buoyant equity markets. The benchmark BSE Sensex surged 1,650.73 points or 2% during the same period. From the top-10 pack, Infosys was the only firm to post a decline in valuation. Reliance Industries' market cap jumped by Rs 69,556.91 crore to Rs 20,51,590.51 crore. Bharti Airtel followed with a gain of Rs 51,860.65 crore, taking its mcap to Rs 11,56,329.94 crore. HDFC Bank added Rs 37,342.73 crore to reach Rs 15,44,624.52 crore, PTI reported. Bajaj Finance's valuation rose by Rs 26,037.88 crore to Rs 5,88,213.55 crore. ICICI Bank gained Rs 24,649.73 crore to hit Rs 10,43,037.49 crore. LIC saw an increase of Rs 13,250.87 crore, taking its mcap to Rs 6,05,523.65 crore, while SBI added Rs 8,389.15 crore to settle at Rs 7,18,788.90 crore. TCS recorded a modest rise of Rs 3,183.91 crore, with a total valuation of Rs 12,45,761.80 crore. Hindustan Unilever's mcap edged up by Rs 293.7 crore to Rs 5,41,850.99 crore. In contrast, Infosys saw a dip of Rs 5,494.8 crore in market valuation, closing the week at Rs 6,68,256.29 crore. Reliance Industries retained its position as the country's most valued company, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, Infosys, LIC, Bajaj Finance and Hindustan Unilever Ltd. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
&w=3840&q=100)
Business Standard
4 hours ago
- Business Standard
Tourists trickling into Afghanistan, Taliban govt eager to welcome them
By plane, motorbike, camper van and even on bicycles, tourists are beginning to discover Afghanistan, with solo travellers and tour groups gradually venturing into a country that until recently was wracked by war. And the country's Taliban government, which seized power more than three years ago but has yet to be formally recognised by any other nation, is more than happy to welcome them. The Afghan people are warm and welcoming and wish to host tourists from other countries and engage with them, Deputy Minister of Tourism Qudratullah Jamal told The Associated Press in an early June interview. Tourism brings many benefits to a country. We have considered those benefits and aim for our nation to take full advantage of them. A potentially lucrative industry Tourism is a vital, multi-billion-dollar industry for many countries. Afghanistan's isolation on the international stage, largely because of the Taliban's restrictions on women and girls, has left much of its 41 million people mired in poverty. As it struggles to attract foreign investment, the lucrative potential of tourism is far from lost on the government. We are currently earning a considerable amount of revenue from this industry, and we are hopeful it will grow even more in the future, Jamal said, noting money spent by visitors can reach more layers of society than revenue from other industries. We are optimistic this sector will evolve into a large economy, bringing significant benefits. It plays an important role in strengthening our national economy. Trickle rather than a flood Tourist visas are quick and easy to obtain and flights from major transit hubs such as Dubai and Istanbul operate several times a week. The government has even set up a training institute for men and it is only for men seeking jobs in the hospitality and tourism sector. While visitor numbers are still very much a trickle rather than a flood, they are increasing. Nearly 9,000 foreign tourists visited Afghanistan last year, while nearly 3,000 people visited in the first three months of this year, Jamal said. Four decades of near-continuous conflict kept nearly all vacationers away from this landlocked country of towering mountains, deep gorges and millennia of history. The Taliban's takeover from a US-backed government in August 2021 stunned the world and sent thousands of Afghans fleeing. But with the insurgency over, the bloodshed from frequent bombings and suicide attacks all but ended too. Attacks still occur, however. An Islamic State affiliate in Afghanistan remains active and gunmen killed six people, including three Spanish tourists, in a May 2024 attack in Bamiyan, one of the country's main tourist attractions where centuries-old giant Buddhas carved into the cliffs were blown up by the Taliban in 2001. While Western countries still advise against travel to Afghanistan, a drop in violence from the two decades of US-led military presence is indisputable, as the government is keen to point out. Afghanistan has gone through many years of war and hardship. Now, we want tourists to come and see the true traditions and customs of Afghans, to understand Afghan life, creativity and resilience, Jamal said, noting there was comprehensive security across Afghanistan. An ethical dilemma Critics question the ethics of foreigners visiting Afghanistan for pleasure when its government discriminates so heavily against half the country's population. Education beyond primary school level is banned for girls and women and few professions are open to them. Women cannot enter parks, gardens or gyms. Beauty salons are forbidden. Authorities dictate how women dress and have demanded they cover their faces in public, a decree still flouted by many, particularly in Kabul. Some visitors say they contemplated the ethics, but ultimately wanted to see the situation for themselves. French-Peruvian Illary Gomez said she and her British partner, James Liddiard, debated for about a year whether to drive through Afghanistan as part of their UK-to-Japan camper van journey. Some things didn't feel morally right, she said. But once here, they said they found a warm, hospitable and welcoming people and beautiful landscapes. They didn't feel their presence was any form of support for the Taliban. By travelling, you put money in the hands of the people, not the government, Liddiard said. Building bridges The treatment of women is particularly sensitive for government officials. Jamal declined to comment on the subject beyond saying male and female visitors were welcome. Those who respect our laws and traditions have already come and can continue to come, he said. While most restrictions are strictly enforced on Afghan women, they are far more relaxed for foreigners. Although they must still wear a headscarf in public, foreign women are more likely to gain entry into some restricted areas such as parks and are rarely asked to cover their faces in public. Opening the country to foreign visitors was also a way of building bridges, Jamal said. It is a great way to promote interaction between the people of different countries. It helps build international relations and is also beneficial for trade, he told the AP. When foreigners come here, Afghans also learn a lot from them. In addition to expanding commerce, tourism also helps foster mutual understanding, cultural exchange and strengthens talents as people learn from one another. A foreign traveller seeing the country with his own eyes creates closeness, builds connections and fosters trust among people, Jamal said. They will respect each other's culture and the distance between peoples will diminish. So this is not just economic development; it also brings spiritual and political benefits, he said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Mint
5 hours ago
- Mint
Tourists are trickling into Afghanistan and the Taliban government is eager to welcome them
KABUL, Afghanistan (AP) — By plane, motorbike, camper van and even on bicycles, tourists are beginning to discover Afghanistan, with solo travelers and tour groups gradually venturing into a country that until recently was wracked by war. And the country's Taliban government, which seized power more than three years ago but has yet to be formally recognized by any other nation, is more than happy to welcome them. 'The Afghan people are warm and welcoming and wish to host tourists from other countries and engage with them,' Deputy Minister of Tourism Qudratullah Jamal told The Associated Press in an early June interview. 'Tourism brings many benefits to a country. We have considered those benefits and aim for our nation to take full advantage of them.' Tourism is a vital, multi-billion-dollar industry for many countries. Afghanistan's isolation on the international stage, largely because of the Taliban's restrictions on women and girls, has left much of its 41 million people mired in poverty. As it struggles to attract foreign investment, the lucrative potential of tourism is far from lost on the government. 'We are currently earning a considerable amount of revenue from this industry, and we are hopeful it will grow even more in the future,' Jamal said, noting money spent by visitors can reach more layers of society than revenue from other industries. 'We are optimistic this sector will evolve into a large economy, bringing significant benefits. It plays an important role in strengthening our national economy.' Tourist visas are quick and easy to obtain and flights from major transit hubs such as Dubai and Istanbul operate several times a week. The government has even set up a training institute for men — and it is only for men — seeking jobs in the hospitality and tourism sector. While visitor numbers are still very much a trickle rather than a flood, they are increasing. Nearly 9,000 foreign tourists visited Afghanistan last year, while nearly 3,000 people visited in the first three months of this year, Jamal said. Four decades of near-continuous conflict kept nearly all vacationers away from this landlocked country of towering mountains, deep gorges and millennia of history. The Taliban's takeover from a U.S.-backed government in August 2021 stunned the world and sent thousands of Afghans fleeing. But with the insurgency over, the bloodshed from frequent bombings and suicide attacks all but ended too. Attacks still occur, however. An Islamic State affiliate in Afghanistan remains active and gunmen killed six people, including three Spanish tourists, in a May 2024 attack in Bamiyan, one of the country's main tourist attractions where centuries-old giant Buddhas carved into the cliffs were blown up by the Taliban in 2001. While Western countries still advise against travel to Afghanistan, a drop in violence from the two decades of U.S.-led military presence is indisputable, as the government is keen to point out. 'Afghanistan has gone through many years of war and hardship. Now, we want tourists to come and see the true traditions and customs of Afghans, to understand Afghan life, creativity and resilience,' Jamal said, noting there was 'comprehensive security across Afghanistan.' Critics question the ethics of foreigners visiting Afghanistan for pleasure when its government discriminates so heavily against half the country's population. Education beyond primary school level is banned for girls and women and few professions are open to them. Women cannot enter parks, gardens or gyms. Beauty salons are forbidden. Authorities dictate how women dress and have demanded they cover their faces in public, a decree still flouted by many, particularly in Kabul. Some visitors say they contemplated the ethics, but ultimately wanted to see the situation for themselves. French-Peruvian Illary Gomez said she and her British partner, James Liddiard, debated for about a year whether to drive through Afghanistan as part of their U.K.-to-Japan camper van journey. 'Some things didn't feel morally right,' she said. But once here, they said they found a warm, hospitable and welcoming people and beautiful landscapes. They didn't feel their presence was any form of support for the Taliban. By traveling, 'you put money in the hands of the people, not the government,' Liddiard said. The treatment of women is particularly sensitive for government officials. Jamal declined to comment on the subject beyond saying male and female visitors were welcome. 'Those who respect our laws and traditions have already come and can continue to come,' he said. While most restrictions are strictly enforced on Afghan women, they are far more relaxed for foreigners. Although they must still wear a headscarf in public, foreign women are more likely to gain entry into some restricted areas such as parks and are rarely asked to cover their faces in public. Opening the country to foreign visitors was also a way of building bridges, Jamal said. 'It is a great way to promote interaction between the people of different countries. It helps build international relations and is also beneficial for trade,' he told the AP. 'When foreigners come here, Afghans also learn a lot from them. In addition to expanding commerce, tourism also helps foster mutual understanding, cultural exchange and strengthens talents as people learn from one another.' A foreign traveler seeing the country with his own eyes 'creates closeness, builds connections and fosters trust among people,' Jamal said. 'They will respect each other's culture and the distance between peoples will diminish. 'So this is not just economic development; it also brings spiritual and political benefits,' he said.
