Bangalore:Axon Infotech stock was among top losers after price went down by nearly 8 percent. After opening the day at 18.70, the stock touched its 52 week high of 31.9, before closing the trade at 19.80, with loss of 7.58 percent. Through the day, 3836 shares of Axon Infotech were traded in the market. Axon Infotech Limited is an India-based company. The Company is primarily engaged in the software business. The Company is also engaged in finance and share trading. The Company deals in trading of major software products, such as software for shopping card, gateway interface, software for short message service (SMS) and multimedia messaging service (MMS) and personal computers. The Company operates through two divisions: IT division and finance division. The Company’s services include financing and investment, consultancy, software developing and trading, real estate business and share trading. Axon Infotech announced that the members at the Extra Ordinary General Meeting of the Company held on January 27, 2010, inter alia, have approved to issue 5,000,000 equity shares of INR10 at premium of INR 10 aggregating INR100,000,000 to promoter group and non promoters as proposed in the Special Resolution.