Defece Stock FII increarse Holding and Got Order of 56 Crores From HAL

Stock returns are very good. last year’s return is 187.6% Now stock is trading near 52 week high.

Astra Microwave Company designs, develops and manufactures sub-systems for Radio Frequency and microwave systems used in defense, space, meteorology, and telecommunication.

The company accounted that they Got an Order of 56 Crores From HAL for the supply, installation, testing, and commissioning of a precision approach Radar (PAR) system with AMC of 10 years. This order must be completed in 10 months.

Astra Microwave Share Price Target 2025

Astra Microwave Dividend History

Announcement DateEx-DateDividend TypeDividend (%)Dividend (Rs)Remarks
14-07-202323-08-2023Final801.60Rs.1.6000 per share(80%)Final Dividend
25-05-202211-08-2022Final701.40Rs.1.4000 per share(70%)Final Dividend
26-05-202117-08-2021Final601.20Rs.1.2000 per share(60%)Final Dividend
24-06-202001-09-2020Final601.20Rs.1.2000 per share(60%)Final Dividend
09-05-201906-08-2019Final12.50.25Rs.0.2500 per share(12.5%)Final Dividend
28-05-201819-07-2018Final601.20Rs.1.2000 per share(60%)Dividend
08-05-201719-07-2017Final501.00Rs.1.0000 per share(50%)Dividend
29-04-201620-07-2016Final601.20Rs.1.2000 per share(60%)Dividend
30-04-201521-07-2015Final601.20Rs.1.2000 per share(60%)Dividend
28-04-201422-07-2014Final551.10Rs.1.1000 per share(55%)Dividend
29-04-201319-09-2013Final400.80Rs.0.8000 per share(40%)Dividend
26-04-201219-07-2012Final350.70
27-04-201119-07-2011Final250.50
30-04-201021-09-2010Final250.50
29-04-200922-07-2009Final250.50
13-05-200818-09-2008Final12.50.25AGM
28-06-200726-07-2007Final501.00AGM
14-06-200617-07-2006Final501.00AGM
25-04-200514-07-2005Final505.00AGM
07-05-200420-07-2004Final303.00AGM
19-04-200317-07-2003Final242.40
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Astra Microwave Past 5-Year Sales Growth

Years2017201820192020202120222023
SAles390362293467641750816
Growth Per Year-7%-24%37%27%15%8%

Astra Microwave Past 10-Year Returns

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Astra Microwave Stock Support and Resistance

Astra Microwave

These are the Supports and resistance for the Short time frame. Astra microwave stock resistance is Near around Rs 700 and Supports Rs 500. If stock is consolidated at the same levels then the stock can give a good upside move.

After making a recent high of Rs 694 stock was corrected by 26.21% after that stock recovered by 23%. means buyers are more active than sellers.

Astra Microwave Shareholding Pattern

ShareholderMar 2023Jun 2023Sep 2023Dec 2023
Promoters +7.17%6.54%6.54%6.54%
FIIs +2.32%3.03%1.73%2.94%
DIIs +0.07%9.86%15.26%14.79%
Public +90.44%80.58%76.47%75.74%
No. of Shareholders49,52846,50656,28271,368

Promoters keep their holding constant in the past 3 quarters. but FII increases its holding by 1.21%. but Public holding is very high 75.74%.

This article is for Educational purpose .Do not invest on behalf of information provided in the article. Please consult an expert before making decisions We are not SEBI registered advisor .  

Is Astra Microwave company is debt-free?

Astra microwave has very little debt ₹ 68.3 Cr.

Is Astra good for the long term?

Yes, Astra Microwave stock returns are very good past 2 years returns are 186.7%.

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