Astra Microwave Products trades higher on the BSE

Astra Microwave Products is currently trading at Rs. 85.60, up by 2.15 points or 2.58% from its previous closing of Rs. 83.45 on the BSE. The scrip opened at Rs. 84.40 and has touched a high and low of Rs. 88.30 and Rs. 82.80 respectively. So far 726239 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 88.30 on 16-May-2014 and a 52 week low of Rs. 30.20 on 07-Aug-2013. Last one week high and low of the scrip stood at Rs. 88.30 and Rs. 72.75 respectively. The current market cap of the company is Rs. 697.15 crore. The promoters holding in the company stood at 21.87% while Institutions and Non-Institutions held 4.99% and 73.14% respectively. HDFC Mutual Fund has bought 15.97 lakh shares of Astra Microwave Products through open market route. The shares were purchased on an average price of Rs 79.50 valuing the transaction to Rs 12.69 crore. On the other hand, Skanda Aerospace has sold 7.91 lakh shares of Astra Microwave Products at Rs 83 on the BSE and sold 19.56 lakh shares at Rs 79.89 on the NSE. Astra Microwave Products is engaged in designing and manufacturing of radio frequency (RF) and microwave super components and sub-systems that are used in areas of defence, space and civil communication systems.