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;))
Recent news on Axiscades Technologies
See all newsBrief: Axiscades Technologies Appoints Uttam Kumar Bhageria As CFO Designate Effective October 21, 2026
Brief: Axiscades Technologies Initiates Voluntary Solvent Liquidation Of German Unit Add-Solution GmbH
India's Axiscades Tech rises on buying $24.5 mln stake in precision engineering co
Brief: Axiscades Technologies Board Approves Acquisition Of 90% Equity In Cloud Wave Technologies
India's Axiscades Technologies jumps on divestment of aerospace engineering services business