India's Astra Microwave hits record high on executing space agreement

Astra Microwave Products

18/10/2023 10:20

** Shares of Astra Microwave Products  ASTM.NS  up as much
as 14.74% to a record high of 513.8 rupees
    ** Stock hits sharpest intraday pct gain since July 26, 2022
    ** Electronic components maker executes transfer of
technology agreement between NewSpace India and Dept. of Space
for utilisation of operations of radio frequency device 
    ** About 7 mln shares change hands as of 2:28 p.m. IST, 8.9x
the 30-day average 
    ** Stock last up 7.82%, extending YTD gains to 69.4% 

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))