Axiscades Technologies touches the roof as its arm partners with Altera
Axiscades Technologies is locked its upper circuit limit at Rs. 776.85, up by 36.95 points or 4.99% from its previous closing of Rs. 739.90 on the BSE.
The scrip opened at Rs. 740.50 and has touched a high and low of Rs. 776.85 and Rs. 740.50 respectively. So far 6237 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 839.40 on 10-Jan-2025 and a 52 week low of Rs. 421.05 on 26-Nov-2024.
Last one week high and low of the scrip stood at Rs. 776.85 and Rs. 662.25 respectively. The current market cap of the company is Rs. 3301.27 crore.
The promoters holding in the company stood at 59.56%, while Institutions and Non-Institutions held 4.34% and 36.10% respectively.
Axiscades Technologies’ subsidiary -- Mistral Solutions (Mistral) has entered into strategic partnership with Altera (an Intel Company) to advance high-performance computing solutions for mission-critical defense applications. This collaboration aims to leverage Altera Agilex 9 Direct RF FPGA technology to drive next-generation innovations in defense and aerospace industries.
Additionally, Mistral has unveiled its state-of-the-art 3U VPX SOSA Aligned Processing Cards built around the Altera Agilex 9 Direct RF FPGA.
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.
