Shares of Axiscades Technologies Ltd rallied 5% to touch a day’s high of Rs 1,337.70 on 2nd September after the company announced on Monday that it has secured two pilot orders worth $1.2 million for aircraft cabin interiors design, development, and retrofit solutions.

AXISCADES Technologies has won contracts from two global players. These are a leading aerospace OEM and a top aircraft cabin interiors company with operations in Europe and the US.

With over two decades of expertise in aero-structures, the company will now expand into cabin interiors. The projects include cabin design, seating systems, electrical wiring, retrofit solutions, and technical documentation.

AXISCADES said this diversification strengthens its end-to-end engineering services. It positions the company to benefit from the growing aircraft interiors market, driven by modernisation and better passenger experience.

Deputy CEO and President of Aerospace, K. P. Mohanakrishnan, stated that the order win validates the company’s design, engineering, and retrofit capabilities. It aligns with its strategy to deliver high-value, long-term, and sustainable solutions for growth.

At 1:51 PM, shares of Axiscades Technologies were locked in 5% upper circuit at Rs 1,337.70 on NSE.

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