India's Astra Micro Wave Products rises on plans to raise funds

Astra Microwave Products

06/12/2022 05:15

** Shares of Astra Micro Wave Products Ltd  ASTM.NS  rise as
much as 4% to 319 rupees, their biggest intraday pct gain in two
weeks since Nov. 21
    ** Stock touches its highest level in almost two weeks
    ** Co said on Monday it is considering to raise funds worth
upto 4 billion rupees ($48.61 million)  urn:newsml:reuters.com:*:nFWN32T04V
    ** More than 480,966 shares were traded as of 10:29 a.m. IST
vs the 30-day moving avg of 436,253 shares
    ** As of last close, ASTM stock up 31% YTD 
($1 = 82.2850 Indian rupees)
 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))