Monday, March 6, 2023

Astro Microwave - Buy

Company has reported Net Sales at Rs 218.87 cr up 9.95% from Rs. 199.06 crore in December 2021.
Quarterly Net Profit at Rs.30.27 cr up 149.63% from Rs.12.13 cr PY
EBITDA stands at Rs.54.53 cr up 98% from Rs. 27.54 cr 0LY
Astra Microwave EPS has increased to Rs. 3.50 from Rs.1.40 in December 2021.

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One year - up by 27%
6 months - down by 4%
1 month down by 7%
The company has a good products for Defense, Space, Meteorology, Homeland Security and a wide range of Radars.
Buy on declines and hold long term



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