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, with the stock on track to record its sharpest single-day rally in more than four years. The stock has skyrocketed more than 130% in just four months since hitting a 52-week low of Rs 851 apiece at the end of March this year.
