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Astra Microwave stock jumps after bagging ₹250.58 Cr order via JV with HAL

News by Aliceblue News Desk

02 Apr 2026

Astra Microwave stock jumps after bagging ₹250.58 Cr order via JV with HAL

Introduction

Leading joint venture company secures a Rs. 250.58 crore order from Hindustan Aeronautics Limited for Software Defined Radio supply, scheduled for completion within 18 months.

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Share price movement of Astra Microwave

On April 02, 2026, Astra Microwave Products Ltd opened at ₹897.95, up 0.12% from its previous close of ₹896.85. The stock reached a high of ₹927.00 (3.31%) and a low of ₹878.90. By 1:04 PM, it traded at ₹921.75, a 2.78% increase, with a market cap of ₹8,751.56 crore.

Astra Rafael Comsys Secures ₹Rs. 250.58 Cr HAL Order

Astra Rafael Comsys Private Limited, a joint venture of Astra Microwave, has received an order worth Rs. 250.58 crore from Hindustan Aeronautics Limited for Software Defined Radio supply.

The order is for domestic execution at HAL, Bangalore. The contract is scheduled to be completed within 18 months. Astra Microwave will receive a portion of the business.

Stock performance of Astra Microwave for period of 1 week, 6 months, and 1 year

Astra Microwave Products Ltd delivered a 1-week return of -2.24%, a 6-month return of -19.4%, and a 1-year return of 31.7%.

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Shareholding pattern of Astra Microwave

ParticularsDec 2025Sep 2025Jun 2025
Promoter6.50%6.50%6.50%
FII6%7%7%
DII14.80%14.60%14.40%
Public72.40%72.40%72.60%

About Astra Microwave

Astra Microwave Products Ltd (NSE: ASTRAMICRO) designs, develops, and manufactures RF and microwave sub-systems for defense, space, meteorology, and telecommunication applications.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Astra Microwave Products Ltd share price rising today?

A: Astra Microwave Products Ltd gains after its JV, Astra Rafael Comsys, secures a Rs. 250.58 crore HAL order for Software Defined Radio supply.

Q: What is Astra Microwave Products Ltd’s main business focus?

A: Astra Microwave Products Ltd designs, develops, and manufactures RF and microwave sub-systems for defense, space, meteorology, and telecommunication applications.

Q: What are the 52-week high and low of Astra Microwave Products Ltd stock?

A: Astra Microwave Products Ltd stock has a 52-week high of ₹1,195.65 and a 52-week low of ₹629.45.

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