Multibagger Defence Stock at All-Time High: An Investment of Rs 1,00,000 Turns Rs 3,20,538 in Less Than 7 Months
The stock gave multibagger returns of 117 per cent in just 1 year and a whopping 3,625 per cent in 5 years.
On Wednesday, multibagger defence stock hit a 5 per cent upper circuit to an all-time high of Rs 1,346.80 per share from its previous closing of Rs 1,282.70 per share.
Before we reveal the stock name, let's first understand how an investment of Rs 1,00,000 grew to Rs 3,20,538 in less than seven months: -
In a remarkable display of market growth, an investment of just Rs 1,00,000 transformed into Rs 3,20,538 in less than seven months, showcasing the potential for substantial returns. If an investor acquired 238 shares at Rs 421.05 per share on November 26, 2024, representing an initial outlay of 238 shares x Rs 421.05 per share = Rs 1,00,210. This shrewd investment has yielded impressive results, with the current stock price standing at Rs 1346.80 per share. The current value of these shares is 238 shares x Rs 1346.80 per share = Rs 3,20,538.40, demonstrating a gain of Rs 3,20,538.40- 1,00,210 = Rs 2,20,328.40 and an astonishing return of over 220 per cent in a short span.
The buzzing stock is AXISCADES Technologies Ltd.
AXISCADES is a leading technology and product company with over 25 years of experience in the aerospace, defence and ESAI (Electronic Systems and Industrial Automation) sectors. It offers cutting-edge solutions ranging from conceptual design to manufacturing and certification, making it a preferred partner for OEMs (Original Equipment Manufacturers) and Tier 1 suppliers in these industries.
AXISCADES Technologies Ltd and Indra, a European defence and aerospace leader, have partnered to boost the production of advanced systems in India. This alliance, sealed by an MoU at the Paris Air Show on June 16, 2025, involves Indra acquiring defence products and services from AXISCADES' Indian facilities. The collaboration focuses on manufacturing critical Indra solutions in India, including TACAN antennas, DME, and countermeasure systems. Both companies are also exploring joint product development for global markets and potential involvement in DRDO programs, significantly enhancing India's defence capabilities and Indra's global reach.
The company has a market cap of over Rs 5,700 crore and as of March 31, 2025, the company’s order book stands at Rs 1,800 crore. The stock gave multibagger returns of 117 per cent in just 1 year and a whopping 3,625 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.