AXISCADES subsidiary bags Rs 100 Crore defence order from Bharat Electronics

Govt Defence OrderBusiness Updates View source PDF Explain this filing

AXISCADES · price

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Price reactionminutes from the announcement price · days from the prior close

-2.6%Reaction day

₹1278.00

prior close

₹1276.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.3%-1.2% vs market

Aerospace & Defense peers, median of 22sector-1.5%-1.1% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.1 pts less than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

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15d

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UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 22Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

AXISCADES subsidiary Mistral Solutions has secured a Rs 100 Crore supply order from Bharat Electronics Ltd (BEL) for the Ministry of Defence. The order involves supplying Signal and Data Processing Units along with spares, to be executed over two years. It is a domestic order with no related party involvement. The win adds a sizeable defence contract to the company order book and strengthens revenue visibility.

Likely market impact

Positive — Rs 100 Crore defence order from BEL strengthens revenue visibility over two years and reinforces the defence vertical.