New Delhi, Feb. 9 -- Axiscades Technologies share price hit the 5% upper circuit limit during Monday's trading session following the announcement that its subsidiary Mistral Solutions secured an order valued at Rs.80 crore for the esteemed LCA Mk1A program of Hindustan Aeronautics Limited (HAL).

Mistral Solutions is a prominent company specializing in high-performance embedded systems and defense electronics, whereas Axiscades Technologies, based in Bangalore, is an innovative firm that focuses on chip-to-product development and is a trailblazer in the fields of Aerospace, Defence, Electronics, Semiconductor, and Artificial Intelligence (ESAI).

In its filing, the company stated that this strategic achievement emphasizes AXISCADES Group'...