Axiscades Technologies gains on entering into strategic partnership with OGMA
Axiscades Technologies is currently trading at Rs 1173.25, up by 20.45 points or 1.77% from its previous closing of Rs 1152.80 on the BSE.
The scrip opened at Rs 1181.55 and has touched a high and low of Rs 1202.15 and Rs 1139.40 respectively. So far 6404 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 5 has touched a 52-week high of Rs 1778.55 on 23-Sep-2025 and a 52-week low of Rs 638.80 on 28-Jan-2025.
Last one week high and low of the scrip stood at Rs 1306.10 and Rs 1061.00 respectively. The current market cap of the company is Rs 4902.25 crore.
The promoters holding in the company stood at 58.05%, while Institutions and Non-Institutions held 2.39% and 39.56% respectively.
Axiscades Technologies has entered into strategic partnership with OGMA -- Industria Aeronautica de Portugal, a subsidiary of Embraer, for Aerospace Manufacturing, Maintenance, Repair, and Overhaul (MRO), airframe engineering, and certification services for both commercial and military platforms.
Aligned with its strategy to move up the aerospace value chain by focusing on high-value, long-term service activities, AXISCADES has signed a strategic agreement with OGMA to provide maintenance and support for Embraer and other manufacturers’ aircraft fleets in India. The Embraer fleet in India includes prestigious VVIP and VIP aircraft, AEW&C platforms, and various commercial aircraft.
The partnership merges AXISCADES’ deep expertise in aircraft design, conversion, avionics, radar, electronic warfare, and drone technologies with OGMA’s century of proven capabilities in airframe and engine MRO.
Through this MoU, AXISCADES will leverage OGMA’s global expertise to strengthen indigenous MRO competencies and build world-class capabilities within India.
Axiscades Technologies is a holistic technology and engineering solutions provider, with a footprint across the entire product lifecycle management needs of global OEMs and core engineering firms.
