India's Axiscades Technologies jumps on divestment of aerospace engineering services business
12/06/2026 11:00
BUZZ-India's Axiscades Technologies jumps on divestment of aerospace engineering services business ** Shares of Axiscades Technologies AXIT.NS jumped 5% to hit upper circuit limit of 1967.4 rupees
** Engineering and R&D services firm divests program for aerospace engineering services business for $152.4 million
** Akkodis, a Switzerland-based digital engineering consulting co to acquire 51% controlling interest in Axiscades's aerospace engineering services segment
** Stock up ~7% this week, set to snap four straight sessions of losses
** YTD, AXIT up ~49%
(Reporting by Anuran Sadhu in Bengaluru)
((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))
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