Economy · India
Astra Microwave Shares Surge on Large HAL Order
Astra Microwave's stock price reached a record high, increasing by approximately 14% following the announcement of a ₹2,205.23 crore order from Hindustan Aeronautics Limited (HAL). The order is for the Uttam Radar programme. This surge represents the company's most significant single-day gain in over four years, contributing to a more than 130% increase in its stock value from its 52-week low over the past four months.
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- Centre (2): Business Standard, Mint