Shares of Astra Microwave Products Ltd gained 2% on 12 December after the company announced securing a new contract worth Rs 171 crore.
In its regulatory filing, the company announced securing a new contract worth Rs 171.38 crore for six (6) Klystron-based S-band polarimetric Doppler weather radars, including supporting equipment such as AWS and disdrometers.
The order includes a three-year warranty and a seven-year Comprehensive Annual Maintenance Contract (CAMC).
In an exchange filing, Astra Microwave said, “This is to inform you that our Company, Astra Microwave Products Ltd has received an order for procurement of 06 (Six) Nos. of Klystron-based S-band Polarimetric Doppler Weather Radars (DWRs) along with associated systems including AWS and Disdrometers with 3 years warranty followed by 7 years CAMC for a total consideration of Rs 171.38 crore inclusive of all applicable taxes and GST.”
Astra Microwave Products Ltd. (AMPL) is a renowned Indian researcher and manufacturer of advanced RF and microwave subsystems for defence, space, meteorology, and telecommunications applications.
Established in 1991, the firm provides indigenous, end-to-end solutions for radar, electronic warfare, and satellite communication systems. It recently obtained a substantial IMD contract for S-band Doppler weather radars.
Its primary products include radar electronics such as T/R modules, power amplifiers, and digital receivers; electronic warfare and RWR subsystems; strategic electronics such as guiding units and transponders; and key RF modules for important space missions such as NISAR. In meteorology, AMPL provides Doppler weather radar equipment to the IMD.
The organisation is well-known for its strong R&D competence, extensive engineering experience, emphasis on indigenisation, and full-cycle delivery from idea and design to development and production.
At 2:32 pm, the shares of Astra Microwave were trading % higher at Rs 911.80 on NSE.
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