29 Sep 2025 | 3 Mins Read
Defence stock rises on order for portable drone countermeasures
Flipitmoney
AXISCADES secured a ₹7.99 crore order from the Indian Army to supply 12 man-portable counter-drone systems, capable of detecting and jamming drones within 5 km. The deal highlights India’s push for indigenous defence solutions. Shares rose nearly 2%, hitting an intraday high of ₹1,675 before closing at ₹1,627.65.