tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Astra Microwave Secures Rs.171.38 Crore Order from Indian Meteorological Department

Story Highlights
  • Astra Microwave specializes in microwave and RF systems for defense and meteorology.
  • The company received a Rs.171.38 crore order for weather radars from the Indian Meteorological Department.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Astra Microwave Secures Rs.171.38 Crore Order from Indian Meteorological Department

Claim 50% Off TipRanks Premium and Invest with Confidence

Astra Microwave Products Ltd. ( (IN:ASTRAMICRO) ) has shared an update.

Astra Microwave Products Ltd. has secured a significant order from the Indian Meteorological Department for the supply of six Klystron-based S-band Polarimetric Doppler Weather Radars and associated systems, valued at Rs.171.38 crores. This order, to be executed within 18 months, underscores Astra Microwave’s strong positioning in the domestic market and its capability to deliver advanced meteorological equipment, potentially enhancing its reputation and market share in the industry.

More about Astra Microwave Products Ltd.

Astra Microwave Products Ltd. operates in the technology and defense industry, specializing in the design and manufacture of high-quality microwave and radio frequency systems. The company focuses on providing solutions for radar, communication, and electronic warfare systems, primarily serving defense and meteorological sectors.

Average Trading Volume: 33,497

Technical Sentiment Signal: Buy

Current Market Cap: 85.52B INR

See more data about ASTRAMICRO stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1