In a bulk deal reported today, Larsen & Toubro Limited has sold 55,00,000 shares of Astra Microwave Products (NSE:ASTRAMICRO) for value of 74,69,00,000.00 rupees. As per the share holding pattern reported as Sep 30, 2015 L&T was having 79,50,045 or 9.72% shares in Astra Microwave Products.
The price of Astra Microwave Products went up by 0.25 rupees with volume of 8.39 Million shares. The stock is currently trading at 134.60.
Astra Microwave Products Limited is engaged in designing and manufacturing of radio frequency (RF) and microwave super components and sub-systems finding applications in defence, space and civil communication systems. The Company’s defence products include radar, telemetry and ground-based and surveillance.