Multibagger Astra Microwave shares rally 14% to 52-week high after Rs 2,205 crore order win from HAL

Synopsis Astra Microwave Products shares surged 14% to a fresh 52-week high of Rs 1,960 after securing a massive Rs 2,205 crore order from Hindustan Aeronautics (HAL) for Uttam Radar components. The five-year contract nearly doubles the company’s existing order book, driving strong buying interest in the multibagger defence stock. Shares of Astra Microwave Products rallied nearly 14% on Friday after the defence electronics player announced that it has won a domestic order worth more than Rs 2,205 crore from Hindustan Aeronautics (HAL). Shares of the company surged to a fresh 52-week high of Rs 1,960 apiece on Friday morning,…