{"id":112191,"date":"2023-10-18T19:00:00","date_gmt":"2023-10-18T13:30:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=112191"},"modified":"2023-10-18T17:17:22","modified_gmt":"2023-10-18T11:47:22","slug":"defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/","title":{"rendered":"Defence stock jumps up to 10% after inking agreement with IN-SPACe; Check the details"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4105108318\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This S&amp;P BSE Smallcap stock has a market cap of Rs. 4,605 crore and rose over 10% within the first hour of markets open with volumes that are over 20x previous session\u2019s and monthly average volumes. <\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1992388293\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The stock gained after announcing License Agreement with Indian National Space Promotion and Authorization Centre. The stock trades 6% away from its 52 week high and has a high DII holding of 15%.\u00a0<\/p><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/ASTRAMICRO\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Astra Microwave Products Ltd<\/a><\/strong> (\u2018Astra\u201d) stated in a filing dated 17th October 2023 that it has executed License &#8211; Cum &#8211; Transfer of Technology (ToT) agreement between NewSpace India Limited (NSIL), Bengaluru and Indian National Space Promotion and Authorization Centre (IN-SPACe), Department of Space (DOS), Ahmedabad to utilize the know how relating to MiniSAR: X band Airborne SAR.\u00a0<\/p><p>The TOT agreement was signed by Dr.M.V.Reddy, JMD, Astra Microwave Products Limited and Mr.Rajeev Jyoti, Technical Director, IN-SPACe and Mr.A.Arunachalam, Director, NSIL. Astra Microwave Products Ltd has a very robust portfolio of Radars and this technology will help Astra enhance this further.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-619511739\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Earlier last month, the company informed that Astra Rafael Comsys Private Limited, a Joint Venture company of Astra, bagged Rs.96.5 crores worth of order on 29th September, 2023 from Indian Air Force for supply of B-Kits, Testers And Trainer Specific A-Kits For Sdr Sets Of Mig-29 Upgraded Aircraft.\u00a0 <\/p><p>The order was to be executed in 12 months i.e, by Q2 FY25 and neither of the above transactions fall under related party transactions.\u00a0<\/p><p>Astra designs, develops, manufactures, and sells sub-systems for radio frequency and microwave systems used in defense, space, meteorology, and telecommunication applications in India.<\/p><p>In FY23, revenue grew 10% YoY to Rs. 807 crore. Net profits during the same period grew 93% YoY to Rs. 77 crore indicating a 400 bps expansion in bottom line margin.\u00a0<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sandeep R<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2024608895\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This S&amp;P BSE Smallcap stock has a market cap of Rs. 4,605 crore and rose over 10% within the first hour of markets open with volumes that are over 20x previous session\u2019s and monthly average volumes. The stock gained after announcing License Agreement with Indian National Space Promotion and Authorization Centre. The stock trades 6% [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":103995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[12695,12694,948,936,12696],"class_list":["post-112191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-astra-microwave-products-latest-news","tag-astra-microwave-products-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-astra-microwave-products-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Defence stock jumps up to 10% after inking agreement with IN-SPACe; Check the details - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"This S&amp;P BSE Smallcap stock has a market cap of Rs. 4,605 crore and rose over 10% within the first hour of markets open with volumes that are over 20x previous session\u2019s and monthly average volumes.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Defence stock jumps up to 10% after inking agreement with IN-SPACe; Check the details\" \/>\n<meta property=\"og:description\" content=\"This S&amp;P BSE Smallcap stock has a market cap of Rs. 4,605 crore and rose over 10% within the first hour of markets open with volumes that are over 20x previous session\u2019s and monthly average volumes.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-18T13:30:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/06\/Satellite.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/\",\"url\":\"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/\",\"name\":\"Defence stock jumps up to 10% after inking agreement with IN-SPACe; Check the details - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/06\/Satellite.jpg\",\"datePublished\":\"2023-10-18T13:30:00+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"This S&P BSE Smallcap stock has a market cap of Rs. 4,605 crore and rose over 10% within the first hour of markets open with volumes that are over 20x previous session\u2019s and monthly average volumes.\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/06\/Satellite.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/06\/Satellite.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Defence stock jumps up to 10% after inking agreement with IN-SPACe; Check the details\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Defence stock jumps up to 10% after inking agreement with IN-SPACe; Check the details - Trade Brains Features","description":"This S&P BSE Smallcap stock has a market cap of Rs. 4,605 crore and rose over 10% within the first hour of markets open with volumes that are over 20x previous session\u2019s and monthly average volumes.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/","og_locale":"en_US","og_type":"article","og_title":"Defence stock jumps up to 10% after inking agreement with IN-SPACe; Check the details","og_description":"This S&P BSE Smallcap stock has a market cap of Rs. 4,605 crore and rose over 10% within the first hour of markets open with volumes that are over 20x previous session\u2019s and monthly average volumes.","og_url":"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-10-18T13:30:00+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/06\/Satellite.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/","url":"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/","name":"Defence stock jumps up to 10% after inking agreement with IN-SPACe; Check the details - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/06\/Satellite.jpg","datePublished":"2023-10-18T13:30:00+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"This S&P BSE Smallcap stock has a market cap of Rs. 4,605 crore and rose over 10% within the first hour of markets open with volumes that are over 20x previous session\u2019s and monthly average volumes.","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/06\/Satellite.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/06\/Satellite.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/defence-stock-jumps-up-to-10-after-inking-agreement-with-in-space-check-the-details\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Defence stock jumps up to 10% after inking agreement with IN-SPACe; Check the details"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/112191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=112191"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/112191\/revisions"}],"predecessor-version":[{"id":112192,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/112191\/revisions\/112192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/103995"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=112191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=112191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=112191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}