BUZZ-India's Axiscades Technologies gains on unit bagging orders from US customers

Reuters

Feb 04

** Shares of Axiscades Technologies AXIT.NS rise 5% to 1,228.30 rupees

** Stock hits upper limit of exchange-mandated trading band

** Co's subsidiary Mistral Solutions received development and production contracts worth 135 mln rupees ($1.4 mln) from US customers post the India-US trade deal

** Orders from Axon Enterprise Inc and Stratacache Inc

** AXIT more than doubled in 2025

($1 = 90.3760 Indian rupees)

(Reporting by Vijay Malkar in Bengaluru)

((VijayDattaram.Malkar@thomsonreuters.com; +91 8097833031;))

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