Introduction:
IT stock has partnered with Altera, an Intel company, to advance high-performance computing for defense applications. This collaboration integrates Altera Agilex™ 9 Direct RF FPGA technology, enhancing real-time data processing and ultra-low latency communication, reinforcing its role in mission-critical aerospace and defense innovation.
Share Price movement of AXISCADES Technologies:
On March 6, 2025, AXISCADES Technologies Ltd opened at ₹739.30, reaching a high of ₹780.00, hitting a 5% upper circuit from its previous close of ₹742.90, and a low of ₹739.00. The stock is currently trading at ₹780.00, with a market cap of ₹3,314.65 crore.
AXISCADES Technologies hits 5% upper circuit:
AXISCADES subsidiary, Mistral Solutions, has formed a strategic alliance with Altera, an Intel company, to revolutionize high-performance computing for defense applications. This partnership will integrate Altera Agilex™ 9 Direct RF FPGA technology into mission-critical defense and aerospace systems, enhancing real-time data processing and ultra-low latency communication.
During an industry event in Bengaluru on March 4, 2025, Mistral unveiled its SOSA™-aligned 3U VPX Processing Engines featuring Altera Agilex™ 9 technology. The launch was attended by experts from DRDO, ISRO, HAL, and BEL, reinforcing AXISCADES’ commitment to indigenous defense innovation and next-generation capabilities in aerospace and defense.
Mistral introduced its VPX3U-AGRW027 Processing Card, offering high-performance computing with ARM Cortex-A53, 8-channel ADC & DAC, and transceiver rates up to 58 Gbps. This innovation strengthens defense programs by providing advanced, rugged, real-time computing solutions, positioning AXISCADES as a leader in mission-critical defense technology.
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Ace investor holding of AXISCADES Technologies:
Sudhakar Gande holds 771,600 shares in AXISCADES Technologies Ltd. with a 1.82% stake, valued at ₹60.2 crore. His portfolio reflects a strategic focus on defense and aerospace technology, reinforcing confidence in the company’s growth potential and expertise in high-performance computing solutions for mission-critical applications.
Sanjay Katkar holds 434,865 shares in AXISCADES Technologies Ltd., representing a 1.02% stake worth ₹33.9 crore. With a diversified portfolio across chemical and industrial sectors, his investment in AXISCADES highlights his confidence in the company’s expansion in AI-driven defense and aerospace solutions.
Stock performance of AXISCADES Technologies for Period of 1 week, 6 months and 1 year:
Over the past week, AXISCADES Technologies stock gained 5.30%, reflecting positive market sentiment. In the last six months, the stock surged 30.5%, showcasing strong growth momentum. Over the past year, it delivered an 18.5% return, highlighting consistent performance and investor confidence in its expansion.
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Shareholding pattern of AXISCADES Technologies:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 59.56 | 59.86 | 60.27 |
| FII | 0.51 | 0.4 | 0.34 |
| DII | 3.82 | 4.08 | 4.54 |
| Retail & others | 36.1 | 35.66 | 34.83 |
About AXISCADES Technologies :
AXISCADES Technologies is a leading engineering solutions provider specializing in aerospace, defense, automotive, and industrial sectors. It offers cutting-edge digital, embedded systems, and high-performance computing solutions, driving innovation in mission-critical applications with a focus on advanced technology, sustainability, and global expansion.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
