India's Axiscades jumps on defence tie-up with Spain's Indra

Axiscades Technologies

17/06/2025 05:04

** Shares of India's Axiscades Technologies AXIT.NS up 5% to 1278 rupees

** Co, which provides engineering and R&D services, along with Spanish defence firm Indra sign pact for manufacturing of Indra's products in India

** Indra to acquire defence-related products and services from AXIT; both cos exploring joint product development for Indian, global markets - statement

** YTD AXIT has surged 102%

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))