Astra Microwave Share Price Rallies After ₹2,205 Crore HAL Order Win

Astra Microwave Products share price rose sharply in Friday’s trade after the company informed the exchanges that it had secured a major defence contract from Hindustan Aeronautics Ltd (HAL). The order, valued at ₹2,205.23 crore, relates to the supply of equipment for the Uttam Radar programme and is among the company’s significant order wins.

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

In early trade, Astra Microwave Products share price climbed as much as 13.6% to an intraday high of ₹1,960. By around 10:20 am, the stock continued to trade more than 12% higher as investors reacted to the announcement.

Order Details

According to the company’s exchange filing, HAL has placed an order for the procurement of 122 Airborne Active Antenna Units (AAAUs) and 121 Interface Frames for the Uttam Radar programme.
The company said the total contract value stands at ₹2,205.23 crore. No additional financial or execution timeline details were disclosed in the filing.

Stock Reacts To Defence Contract

The order announcement triggered strong buying interest in the stock during the morning session. Astra Microwave Products share price remained among the notable gainers as market participants assessed the size of the contract and its potential contribution to the company’s order book.

The company is engaged in the design, development and manufacture of radio frequency and microwave systems used across defence, aerospace, space and telecommunications applications. Defence-related orders continue to account for a significant portion of its business.

Uttam Radar Programme

The Uttam Radar is an indigenous active electronically scanned array (AESA) radar programme developed for military aircraft applications. The latest order covers the supply of key radar components required under the programme, as outlined in the company’s regulatory filing.

Large defence contracts are typically executed over multiple phases, depending on project schedules and customer requirements. The company has not disclosed the delivery timeline or other commercial terms associated with the order.

The latest contract adds to Astra Microwave Products’ order pipeline and will keep Astra Microwave Products share price in focus as investors monitor future disclosures on execution progress and subsequent business updates from the company.