Stock Market Today, June 17 -- Multibagger small-cap stock Axiscades was locked in the 5% upper circuit in the morning trade on Tuesday after the company announced having signed an agreement to boost production of cutting-edge systems in India.

Axiscades Technologies, on Tuesday, June 17, announced that it has signed an agreement with a Europe-based global leader in defence, aerospace, and strategic systems. The agreement is aimed at boosting the production of cutting-edge systems in India.

In a media release on the exchanges, titled "Indra signs agreement with Axiscades to boost production of cutting-edge systems in India," Axiscades Technologies intimated investors about the development.

Indra is a European-based global leader in def...