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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comAstra Microwave Products Ltd (AMPL) is a pioneering player in India’s defense and space electronics sector, specializing in radio frequency (RF) and microwave products. With a strong R&D focus and a growing portfolio of products for domestic and international clients, AMPL is poised for robust growth. In this article, we’ll review the latest share price trends, shareholding data, and projected price targets from 2025 to 2030, giving investors actionable insights for long-term planning.
Let’s evaluate Astra Microwave’s fundamentals, business outlook, and share price forecast.
| Detail | Value |
|---|---|
| Open | ₹1,068.00 |
| Previous Close | ₹1,064.85 |
| Day's High | ₹1,070.90 |
| Day's Low | ₹1,057.25 |
| VWAP | ₹1,065.01 |
| Beta | 1.05 |
| Market Capitalization | ₹10,086 Cr |
| UC Limit | ₹1,277.80 |
| LC Limit | ₹851.90 |
| 52-Week High | ₹1,195.90 |
| 52-Week Low | ₹584.20 |
| Face Value | ₹2 |
| All Time High | ₹1,195.90 |
| All Time Low | ₹21.97 |
| 20D Avg Volume | 761,995 |
| 20D Avg Delivery (%) | 35.4 |
| Book Value Per Share | ₹103.28 |
| Dividend Yield | 0.21% |
AMPL’s price demonstrates strong momentum, high market capitalization, and robust trading averages—signals of stability and interest from a wide range of investors.
Established in 1991, Astra Microwave is a leader in high-end RF, microwave, and millimeter-wave systems, catering primarily to defense, space, and telecommunication sectors. The company’s specialty lies in radar subsystems, satellite communication, and advanced electronics—all critical for India’s defense and ISRO missions.
Key Highlights:
Strategic partner for DRDO, ISRO, and Indian armed forces
Portfolio spanning radars, satellite uplink/downlink, telemetry, and telecommand
Vertical integration: from component manufacturing to full systems
Consistent addition of new technologies and export orders
Strong balance sheet and recurring project revenues
| Investor Type | Holding (%) |
|---|---|
| Retail and Others | 72.45% |
| Mutual Funds | 11.24% |
| Promoters | 6.54% |
| Foreign Institutions | 6.47% |
| Other Domestic Institutions | 3.31% |
This pattern signifies broad-based retail ownership with strong mutual fund and FII interest—indicators of both liquidity and institutional trust in long-term prospects.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 1,080 | 1,170 |
| 2026 | 1,210 | 1,375 |
| 2027 | 1,400 | 1,600 |
| 2028 | 1,650 | 1,900 |
| 2029 | 1,950 | 2,200 |
| 2030 | 2,250 | 2,600 |
These projections are based on visible defense order books, export growth, and the rising importance of space technologies.
2025 is set for healthy growth with new order wins from ISRO, DRDO, and foreign defense firms.
Why?
Large government spending on radar and ESSM projects
Growing order backlog ensures revenue pipeline
Solid retail and institutional participation
Investment Advice: Consider staggered buying on corrections; monitor defense/space announcements.
2026 could see robust operational momentum as exports and technology partnerships accelerate.
Why?
Expansion in overseas contracts, particularly in Asia and the Middle East
Commercialization of new RF/microwave solutions
Healthy operating margins
Investment Advice: Hold for medium-term; reassess with quarterly order disclosures.
2027 promises stronger gains with deepening strategic collaborations and tech upgrades.
Why?
Repeat orders from defense, satellite communication, and telecom sectors
Technology upgrades drive improved gross margins
Institutional buying might strengthen price action
Investment Advice: Add on dips and reinvest dividends for compounding.
By 2028, AMPL could outpace the broader market with export-led growth and higher-value contracts.
Why?
Successful deployment in overseas defense
Increased contribution from advanced products (active/passive subsystems)
Greater R&D spend yielding new IP
Investment Advice: Favors long-term portfolios focused on Indian defense and space innovations.
A robust pipeline and global tie-ups may support further re-rating.
Why?
Large-scale deliveries to both public and private sectors
Scaling up of production and project execution
High book value supports premium valuation
Investment Advice: Continue holding with moderate booking around higher resistance levels.
By 2030, Astra could be a global defense technology leader with a diversified revenue base.
Why?
Strong recurring export orders and expanded project scope
Technology leadership in microwave electronics
Well-managed capital allocation and corporate governance
Investment Advice: Suitable for core, long-term, and growth-themed allocations.
AMPL combines sectoral tailwinds with technological leadership, making it an appealing choice for long-term investors in defense and space. Its rising international profile and strong order pipeline bode well for future profitability.
Key Reasons to Invest:
Sectoral leadership in RF/microwave defense electronics
Projects for ISRO, DRDO, and armed forces drive visibility
High retail and institutional interest ensure liquidity
Consistent dividend and earnings growth support valuations
Exposure to government project timelines and budget cycles
High competition from global defense firms
Technology upgrade costs and export compliance
Fluctuations in institutional sentiment during global market events
Consult a certified advisor to align investments with personal risk profiles.
Astra Microwave Products Ltd is a key beneficiary of India’s defense modernization and space exploration wave. Trading around ₹1,060–₹1,070, the stock is projected to reach near ₹2,600 by 2030, provided order momentum and innovation continue. Monitor order books, R&D, and quarterly results for best timing.
What is the next share price target for AMPL?
The 2025 target stands at ₹1,080–₹1,170, based on business momentum.
Is Astra Microwave a good buy right now?
Yes, for those with a long-term horizon and belief in defense/space growth.
What is the long-term outlook for Astra Microwave?
It is positive, thanks to robust order flows, R&D, and export growth.
What is the target for 2025?
Estimated between ₹1,080 and ₹1,170.
Current AMPL share price?
Around ₹1,064.85 as of October 28, 2025.
Good time to buy AMPL stock now?
Accumulate on healthy dips, tracking defense sector trends.
Should I invest in AMPL?
Fits well for growth and sectoral diversification strategies.
How much has AMPL risen from its 52-week low?
Stock nearly doubled from ₹584.20 to current levels.
How to invest in AMPL?
Buy through BSE/NSE via authorized brokers.
Shareholding breakdown?
72.45% retail, 11.24% mutual funds, 6.54% promoters, 6.47% FIIs, and 3.31% other institutions.
Disclaimer: This article is intended for educational purposes only. Please consult a certified advisor before investing.
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