Defence stock jumps after receiving ₹135 Cr order from DRDO for radar systems
News by Aliceblue News Desk
06 Aug 2025
Introduction
Leading defence electronics manufacturer has secured a ₹135 crore order from DRDO for upgrading ground-based radar systems, with delivery scheduled within 18 months as per regulatory disclosure under SEBI’s LODR guidelines.
Share price movement of Astra Microwave
On August 6, 2025, Astra Microwave Products Ltd opened at ₹970.00, up 2.20% from its previous close of ₹949.20. The stock touched a high of ₹990.00 (4.29%) and a low of ₹956.95. By 1:08 PM, it was trading at ₹983.05, a 3.57% increase, with a market cap of ₹9,333.57 crore.
Astra Microwave Secures ₹135 Cr Order from DRDO
Astra Microwave Products Ltd has received a ₹135 crore order from DRDO for upgrading ground-based radar systems. The order is to be executed within 18 months and includes all applicable taxes.
As per the disclosure under SEBI regulations, the order is domestic and not related to any promoter or group companies. The company confirmed the project does not involve any related party transactions and is strictly for radar system upgradation.
Recent news on Astra Microwave
As of June 19, 2025, Astra Microwave Products Ltd received in-principle approval to issue 20,13,885 warrants at ₹864 each on a preferential basis, raising approximately ₹174 crore.
Stock performance of Astra Microwave for Period of 1 week, 6 months, and 1 year
Astra Microwave Products Ltd delivered a -1.88% return over the past week. It gained 29.6% in the past six months. The stock rose 16.5% over the past year.
Also Read: Mukul Agrawal stock falls 9% after its net profit crashes by 40.2% in Q1 FY26
Shareholding pattern of Astra Microwave
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 7% | 6.50% | 7% |
| FII | 6.50% | 5.30% | 5.20% |
| DII | 14.40% | 15.30% | 15.40% |
| Public | 73% | 73% | 73% |
About Astra Microwave
Astra Microwave Products Ltd (NSE: ASTRAMICRO) designs and manufactures RF and microwave systems and sub-systems for defence, space, meteorology, and telecom applications, delivering high-value solutions for mission-critical technologies.
Stay Ahead with the Latest Stock Market Updates – Click Here
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 going up today?
A: The stock rose after securing a ₹135 crore DRDO order for radar system upgradation, boosting investor confidence.
Q: What does Astra Microwave Products Ltd specialize in?
A: Astra Microwave specializes in RF and microwave systems for defence, space, meteorology, and telecommunications sectors.
Q: What is the 52-week high and low of Astra Microwave Products Ltd stock?
A: The 52-week high is ₹1,195.65 and the 52-week low is ₹584.20.
News Author
Aliceblue News Desk
