At 11:15 AM on Friday; the Nifty India Defence was the sole sectoral index trading in green and up 0.08 per cent, as compared to 1 per cent decline in the Nifty 50.
Axiscades Technologies announced that its subsidiary Mistral Solutions has received an order worth about ₹80 crore under Hindustan Aeronautics Ltd's (HAL)
Axiscades won the inaugural design and build order from two of the US' leading companies
Axiscades Technology stock rose 4.99 per cent to ₹1,156 on the National Stock Exchange (NSE) in Friday's trade.
At 12:10 PM, Axiscades Technologies shares continued to remain locked in the 5 per cent upper circuit at ₹1,483.70 per share. In comparison, the BSE Sensex was trading 0.37 per cent higher at 84,780.