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Multibagger smallcap surges 14% after bagging ₹386 cr-order from Maharatna PSU

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Astra Microwave Products Share Price Today: Shares of Astra Microwave Products rallied over 14 per cent in afternoon deals on Thursday, March 28, after the electrical products company bagged an order worth 385.58 crore from Bharat Heavy Electricals Ltd (BHEL). The smallcap company won the order from the Maharatna public sector undertaking (PSU) for the supply of MPR sub-systems. The expected time period for the completion of orders is 36 months.

On Thursday, shares of Astra Microwave Products opened at 543.40 and surged 14.45 per cent to hit an intra day high of 621.95 against a 52-week high of 690 apiece on the BSE. Shares settled 9.41 per cent higher at 595.70 apiece on the BSE. The market capitalisation stands at 5,655.87 crore.

 

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Published: 28 Mar 2024, 08:10 PM IST

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