Latest news with #AESA
Mint
19 hours ago
- Business
- Mint
Small-cap defence stock hits 5% upper circuit on securing orders worth ₹600 crore
Axiscades Technologies share price was locked in the 5% upper circuit at ₹ 1,296.85 apiece on the BSE on Wednesday, snapping a four-day losing streak. The sharp rebound in the small-cap defence stock came after the company announced the receipt of significant defence orders. Axiscades Technologies said it has secured significant new orders, across airborne, naval, and radar-based platforms from premier Defence laboratories in India. The orders involve development and supply of advanced sub-systems for some of the most sophisticated indigenous platforms being developed by leading Defence agencies like DRDOs and Defence PSUs. The orders include VIRUPAKSHA (AESA) radar for Su-30 MKI upgrade, Transmit-Receive (TR) modules for S-Band Surveillance Radars, contribution to the development of the indigenous Digital Beam Forming (DBF) units for Long-range Battle Management Radar (LRBMR) and development and delivery of the Homing Receiver - the core of the autonomous target acquisition for the next-generation submarine launched ASW weapon system. The order also includes production-scale delivery of various sonar sub-systems, Axiscades Technologies said in a regulatory filing on July 29. These programs of a cumulative order value of around ₹ 600 crore, adds to the existing order book, to be executed over the next 3 to 5 years, with a steady revenue stream across development, prototyping, and full-scale production phases, the company added, Axiscades Technologies share price has declined 12% over the past month; however, the small-cap stock has surged 60% in the last three months. On a year-to-date (YTD) basis, the defence stock has gained 97%, delivering a strong performance. Over a longer horizon, Axiscades Technologies has provided exceptional returns, rallying 122% in one year, 951% over three years, and soaring over 2,200% in the past five years — firmly establishing its status as a multibagger. At 1:50 PM, Axiscades Technologies share price was still locked at 5% upper circuit of ₹ 1,296.85 apiece on the BSE.
Mint
21 hours ago
- Business
- Mint
Small-cap defence stock hits 5% upper circuit on securing orders worth ₹600 crore
Axiscades Technologies share price was locked in the 5% upper circuit at ₹ 1,296.85 apiece on the BSE on Wednesday, snapping a four-day losing streak. The sharp rebound in the small-cap defence stock came after the company announced the receipt of significant defence orders. Axiscades Technologies said it has secured significant new orders, across airborne, naval, and radar-based platforms from premier Defence laboratories in India. The orders involve development and supply of advanced sub-systems for some of the most sophisticated indigenous platforms being developed by leading Defence agencies like DRDOs and Defence PSUs. The orders include VIRUPAKSHA (AESA) radar for Su-30 MKI upgrade, Transmit-Receive (TR) modules for S-Band Surveillance Radars, contribution to the development of the indigenous Digital Beam Forming (DBF) units for Long-range Battle Management Radar (LRBMR) and development and delivery of the Homing Receiver - the core of the autonomous target acquisition for the next-generation submarine launched ASW weapon system. The order also includes production-scale delivery of various sonar sub-systems, Axiscades Technologies said in a regulatory filing on July 29. These programs of a cumulative order value of around ₹ 600 crore, adds to the existing order book, to be executed over the next 3 to 5 years, with a steady revenue stream across development, prototyping, and full-scale production phases, the company added, Axiscades Technologies share price has declined 12% over the past month; however, the small-cap stock has surged 60% in the last three months. On a year-to-date (YTD) basis, the defence stock has gained 97%, delivering a strong performance. Over a longer horizon, Axiscades Technologies has provided exceptional returns, rallying 122% in one year, 951% over three years, and soaring over 2,200% in the past five years — firmly establishing its status as a multibagger. At 1:50 PM, Axiscades Technologies share price was still locked at 5% upper circuit of ₹ 1,296.85 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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Business Standard
a day ago
- Business
- Business Standard
Axiscades Technologies hit 5% upper circuit on ₹600-crore order win
Axiscades Technologies shares hit a 5 per cent upper circuit in trade on Wednesday (July 30, 2025), at ₹1,296.85 per share on BSE. Around 11:54 AM, Axiscades Technologies share price was up 5 per cent at ₹1,296.85 per share. In comparison, Sensex was up 0.19 per cent at 81,496.52. The market capitalisation of the company stood at ₹5,511.31 crore. Why were Axiscades Technologies shares buzzing in trade? The buying on the counter came after the company, through its defence subsidiaries, bagged defence electronics orders across airborne, naval, and radar programs from premier Defence laboratories in India. The orders involve the development and supply of advanced sub-systems for some of the most sophisticated indigenous platforms being developed by leading Defence agencies like DRDOs and Defence PSUs. With this order book, it deepens its involvement in India's key defence initiatives, including fighter aircraft upgrades, naval modernisation, and long-range surveillance radar systems. These programs of a cumulative order value of around ₹600 crore, add to the existing order book, to be executed over the next 3 to 5 years. Highlights of the new wins include: VIRUPAKSHA (AESA) Radar Program (Su-30 MKI upgrade): Design and supply of critical radar components, including the Exciter Unit, Receiver Unit, and Antenna Beam Control Motherboard - essential for generating, receiving, and processing radar signals. This Radar will replace the existing Russian-made Radar on the Su-30. TR Modules for S-Band Surveillance Radars: Cutting-edge Transmit-Receive (TR) modules that enhance target detection, tracking, and signal integrity for long-range surveillance operations. LRBMR - KUSHA: Contribution to the development of the indigenous -Digital Beam Forming (DBF) units for Long-range Battle Management Radar (LRBMR), an S-band radar with a detection range exceeding 500 km, enabling multi-target engagement and battlefield awareness. Electric Heavy Weight Torpedo (EHWT): Development and delivery of the Homing Receiver, the core of the autonomous target acquisition for the next-generation submarinelaunched ASW weapon system. Sonar Systems for Submarines (Production Win): Production-scale delivery of various sonar sub-systems, reinforcing AXISCADES's growing role in undersea warfare electronics.
News18
6 days ago
- Business
- News18
From AWACS To Tejas: What Rs 87,000 Crore Defence Deal Will Bring For IAF
These two defence deals worth Rs 87,000 crore will not only boost the Indian Air Force's strength but also give a major push to the country's domestic defence sector Amid rising global tensions and fresh conflicts in East Asia, India is fast-tracking the modernisation of its Air Force in response to growing threats from neighbouring China and Pakistan. The recent Pahalgam terror attack and the swift success of Operation Sindoor have highlighted the urgent need for advanced aerial capabilities, especially after revelations that China provided Pakistan with real-time intelligence during the conflict. With an evolving regional arms race and mounting security challenges, India is set to invest heavily in next-gen air technology to safeguard its borders and maintain strategic superiority. According to reports, a significant defence deal worth Rs 87,000 crore is underway to enhance the Air Force's capabilities. The government has already approved a Rs 20,000 crore deal, with another Rs 67,000 crore agreement likely to receive approval soon. The agreement is reportedly in its final stages and could be announced at any time. On one hand, these two defence deals worth Rs 87,000 crore will significantly boost the strength of the Indian Air Force; on the other, they are expected to give a major push to the domestic defence sector. Interestingly, neither the purchase of BrahMos cruise missiles nor any foreign fighter jets like the Rafale are part of these deals. At the heart of NETRA Mk-II is its indigenously developed AESA radar, which will be mounted on each aircraft to provide 360-degree real-time coverage. This advanced system can detect, track, and identify enemy aircraft, missiles, UAVs, and select ground targets far beyond India's borders. Unlike its predecessor, the Mk-II uses cutting-edge gallium nitride (GaN)-based AESA technology, offering improved detection range and enhanced resistance to jamming. Tejas Fighter Deal Worth Rs 67,000 Crore Furthermore, the Defence Ministry is expected to greenlight a new batch of Tejas MK1A fighter jets. The government is finalising a Rs 67,000 crore contract with Hindustan Aeronautics Limited (HAL) for 97 additional Tejas MK-1A fighter jets, crucial for modernising the Indian Air Force and expanding its operational fighter jet squadrons from the current 30 to the authorised strength of 42. This acquisition aims to increase combat readiness and replace ageing aircraft like the MiG-21. This latest Rs 67,000 crore deal follows a previous Rs 48,000 crore contract for 83 Tejas MK-1AA jets signed in February 2021. India Accelerates Air Force Upgrade India's commitment to enhancing its Air Force capabilities continues, highlighted by the purchase of Rafale fighter jets from France and considerations for acquiring fifth-generation fighter jets to address immediate needs. Concurrently, work is progressing rapidly on the AMCA project to develop indigenous fifth-generation fighter aircraft, with bids invited for a Rs 15,000 crore prototype design initiative involving both government and private sector companies. Alongside fighter jets, advancements are being made in missile development, evidenced by India's recent successful test of a hypersonic missile. Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
India.com
21-07-2025
- India.com
India's ASTRA, China's PL-15 missile, USA' AMRAAM: List of world's top 7 air-to-air missiles, 4th will surprise you
AIM-120 AMRAAM (USA) Top 7 Missiles: The recent conflicts across the world including the Russia-Ukraine war, Iran-Israel war and the Pakistan-India conflict have taught us the important of air superiority. As a significant part of air superiority, Air-to-air missiles are a crucial part of modern air combat. As part of the air combat, allowing fighter jets to destroy enemy aircraft before they even appear on radar has been the level at which countries fight in air. However, do you know about the missiles which are known across the world for their high-speed, high-precision weapons. Here is an article listing the top 7 air-to-air missiles in the world and highlights India's position among them. Which are the Top 7 Missiles of the world: AIM-120 AMRAAM (USA): The AIM-120 AMRAAM of USA is America's second most powerful Beyond Visual Range missile with much longer range, equipped with a better guidance system. Meteor (Europe): The Meteor missile of Europe is a radar-guided beyond visual range air-to-air missile. Developed by MBDA for European nations, the missile is known for its beyond-visual-range capability and 'no escape' zone, used by Rafale and Eurofighter Typhoon. Notably, the The Indian Air Force also uses the Meteor missile. R-37M missile (Russia): The R-37M missile of Russia is a long-range, fast and potentially lethal missile. However, its combat effectiveness is still uncertain. PL-15 (China): Also called the Thunderbolt 15 missile, the PL-15 is a powerful missile equipped with AESA radar and reportedly outranges many Western counterparts. The missile considered to have the longest range among the currently operated air-to-air missiles and is currently used on China's J-20 stealth fighter. IRIS-T (Germany): The IRIS-T missile of Germany is a short-range missile new generation air-to-air missile manufactured with high agility and precision. It complements the Meteor in European forces. Python-5 (Israel): The Python-5 missile of Israel is an advanced short-range missile with with an advanced electro-optical seeker. Notably, India has integrated it with its aircraft. Astra (India): Developed by India's Defence Defence Research and Development Organisation (DRDO), the Astra missile is India's indigenous beyond-visual-range missile, competing with some of the best in the world and is now part of the IAF's arsenal.
