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Multibagger smallcap stock rallies 14% after bagging ₹386 crore-order from Maharatna PSU; Time to buy?
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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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