Thursday, April 4, 2024

RS 1,813 CRORE ORDER BOOK FII INCREASE STAKE:THIS MULTBAGGER STOCK

Rs 1,813 crore order book new order worth rs 56 crore from HINDUSTAN AERONATICS LTD Astra MICROWAVE PRODUCTS LTD Announced that they company has bagged orders with rs 56 crore for the supply ;installTION ,TESTING and commissioning of the precision aproach Rader [PAR] system with amc for 10 years from HINDUSTAN AERONOTICS LIMITED,BANGLORE. The order will be completed within 10 month from the letter of internetEARLIER, The company as bagged orders worth 385.58 crore for the supply of MPR sub -system from BHARAT ELECTRONICS LIMITED : GHAZIABAD [BEL] The order will be completed 36 month from the letter of internet Astra microwave products catetrs to several key sectors : defence ,space exploration .meterology telecomunication and civil comunication. The company has been of rs 5,995 crore mantaining a healthy DIVIDENT pay out of 29.3 per cent. As a december 31,2023 the company order book stand of rs 1,813crore . which is exulated in the next 12 to 36 month period Adittionaly , as of December 2023 an ace invester ATIM KABRA is ownes 3.53 per cent stake in he company Today,shares of astra microwave products ltd 1.86 percent to rs 634 .60 per share from this previous closing of rs 623. The stock 52 week high is rs 690 per share is low .The stock gave multibigger returns disclamier; THE ARTICLE IS FOR INFORMATIONAL PURPOSE ONLY AND NOT INVESTMENT ADVICE

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