AXISCADES subsidiary wins Rs 80 Cr defence order from HAL

Govt Defence OrderBusiness Updates View source PDF Explain this filing

AXISCADES · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+5.2%Reaction day

₹1121.70

prior close

₹1137.80

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+2.6%+2.6% vs market

Aerospace & Defense peers, median of 23sector+3.2%+1.9% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 1.9 pts more 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

Stock

+3.7

10m

+3.7

15m

+3.7

30m

+3.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.2+2.6+2.6+3.2+1.9

Next day

+10.4+3.6+6.8+2.8+7.6

+15.9+3.1+12.9+3.1+12.9

+21.7+2.6+19.2+2.7+19.1

+26.7+1.1+25.6+1.1+25.6

+28.6+0.3+28.2+0.8+27.8

+31.3+1.6+29.7+1.9+29.5

15d

+28.3-3.9+32.2-1.4+29.7

+27.6-8.1+35.7-0.8+28.4

+53.1-3.1+56.2+2.3+50.7

+84.9+9.2+75.7+23.4+61.5

UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 23Pending

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

AI summary

AXISCADES Technologies' subsidiary Mistral Solutions has bagged an order worth about Rs 80 Crores from Hindustan Aeronautics Limited (HAL), a government defence PSU. The order is for supplying Mission Computers and Smart Display Units over multiple years. It is a domestic supply contract. No promoter or related party interest is involved in HAL.

Likely market impact

Positive for AXISCADES. Reinforces subsidiary's defence order pipeline and offers multi-year revenue visibility, though no margin or guidance details were shared.