By BullScreen Editorial Team 
Shares of C2C Advanced Systems Ltd surged 20% to hit the upper circuit in Wednesday’s trading session after the company secured a key defence order from Hindustan Shipyard Limited, lifting investor sentiment around the stock.
The stock climbed to ₹407.50, up from its previous close of ₹339.60, taking the company’s market capitalisation to around ₹651 crore. The sharp rally reflects growing market confidence in defence-linked companies benefiting from India’s push towards indigenisation and higher naval spending.
The order involves supplying advanced Warship Electronic Chart Display and Information Systems (WECDIS) for the Indian Navy’s Fleet Support Ship programme. These systems play a critical role in navigation and situational awareness, making them essential for modern naval operations.
The contract is seen as strategically important, as it places the company within a key defence programme aimed at enhancing the operational endurance of naval forces. This is expected to improve revenue visibility and strengthen its position in the defence electronics segment.
C2C Advanced Systems has also been nominated as a vendor for WECDIS systems, opening up opportunities in both new shipbuilding and retrofit projects. The Indian Navy is expected to deploy around 160 such systems, creating a potential opportunity pipeline of ₹160–₹180 crore over the next three years.
The company reported strong financial growth, with revenue rising 53% year-on-year to ₹66 crore in H1 FY26, while net profit more than doubled to ₹24 crore.
With increasing defence modernisation and localisation efforts, such order wins are likely to support both near-term earnings and long-term growth prospects for the company.