Online
| Post a Message | Explore Forums | Browse Stock Messages | Hot Discussions | Top rated Messages | Top Boarders | |
|
|
|
Astra Microwave Products
Q1 HAS CRASHED TO PEA NUT PROFIT
Posted by :
valueseekTracked by: 0 Boarder
The performance for Q1 is bad and unfortunately this will be true for alteast 2 to 5 quarters since the order book is not strong. ...
In reply to:
Q1 HAS CRASHED TO PEA NUT PROFIT
Posted by :
jagga
I am surprised and disgusted to see the Q1 result of ASTRAMICRO. The profit has crashed to all time low of just RS. 1.65 CRORES.there is no hope for this stock. Can any one clarify why
the profit has crashed down to such a lo....w level. 
Astra Micro will benefit from DPP-2008
Posted by : nirav_stcTracked by: 0 Boarder
The Defence Procurement Procedure 2006 made it essential for overseas suppliers to have value addition from within India – or called offsets – for major defence contracts.
The offset stipulation would drive business opportunities in the defence sector in the medium term. DPP-2008 has been announced and will come into effect from September 1.
...
BSE Announcements on Astra Microwave
Posted by :
MMB MessengerTracked by: 0 Boarder
Astra Microwave Products Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 22, 2008 to September 29, 2008 (both days inclusive) for the purpose of payment of dividend & 17th Annual General Meeting (AGM) of the Company to be held on September 29, 2008....
NSE Announcements on Astra Microwave
Posted by : MMB MessengerTracked by: 0 Boarder
Astra Microwave Products Limited has informed the Exchange that the Register of Members will be closed from September 22, 2008 to September 29, 2008 (both days inclusive) for the Annual General Meeting to be held on September 29, 2008 and for payment of Dividend for the financial year 2007-08....
Is there some news?
Posted by :
jaivijayTracked by: 0 Boarder
Please read the following news, will give why it is moving!
Why is Reliance MF bullish on Astra Microwave?
Published on Fri, Aug 01 at 14:31 , Updated at Fri, Aug 01 at 23:01
Source : CNBC-TV18
By Varinder Bansal/CNBC-TV18
Reliance Mutual Fund bought 6.3% stake in Astra Microwave in two tranches in July at an average price of Rs 37 per share. Reliance Long-term Equity Fund acquired 28.72 lakh shares, or 5.3% equity, at Rs 36.5 on July 1. It also purchased 5.35 lakh shares, or 1%, at Rs 38 per share on July 17.
Astra Microwave's FY08 net sales stood at Rs 127.2 crore as compared to Rs 106.1 crore last year. Net profit came in at Rs 20.3 crore as against Rs 27.3 crore. Earnings per share, or EPS, stood at Rs 3.78 versus Rs 5.11.
So, why is Reliance Mutual Fund bullish on this stock?
The defence segment contributes 70%, while telecom and space segments accounted for the remainder of total revenues. Astra Microwave's order book stands at Rs 90 crore as on March 31, which is executable over 12 months. It expects to add another Rs 20 crore from the defence segment. The company expects 20% growth in net sales YoY. It also sees no equity dilution for the next two years. The stock has also correctly sharply from Rs 187.50 per share to Rs 35 per share.
But is there any concerns surrounding this stock?
The company is mainly dependent on projects driven by the government. Any delay in receivables from the government would negatively impact cash flows. The company has limited scope to cater to different sectors. It has a low promoter holding of 20.8%. Strategic Venture Fund Mauritius holds 15.5% stake....
In reply to:
Is there some news?
Posted by : share..khoj
yes i think get benifit due to n-deal in short term
Is there some news?
Posted by : share..khojTracked by: 0 Boarder
yes i think get benifit due to n-deal in short term...
In reply to:
Is there some news?
Posted by : share..khoj
yes i think get benifit due to n-deal in short term
I don
Posted by : share..khojTracked by: 0 Boarder
yes good stock but wait for tue....
In reply to:
I don"t know
Posted by : pkjattking
Every time I buy this stock it goes up...... but in realty it has come down a lot........... something is telling me its about to make gOOd bullish move to the upside........ there is also a lot of funds buying the stock....... are they crazy........... tell me about it.........
Q1 HAS CRASHED TO PEA NUT PROFIT
Posted by : jaggaTracked by: 0 Boarder
I am surprised and disgusted to see the Q1 result of ASTRAMICRO. The profit has crashed to all time low of just RS. 1.65 CRORES.there is no hope for this stock. Can any one clarify why
the profit has crashed down to such a lo....w level....
lOOkin bull
Posted by : pkjattkingTracked by: 0 Boarder
no kiddin...................
BSE Announcements on Astra Microwave
Posted by : MMB MessengerTracked by: 0 Boarder
Astra Microwave Products Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 30, 2008, inter alia, has approved the merger of M/s. Astra Microelectronic Technologies Ltd (wholly owned subsidiary) with the Company....
NSE Announcements on Astra Microwave
Posted by : MMB MessengerTracked by: 0 Boarder
Astra Microwave Products Limited has informed the Exchange that the Board of Directors at their meeting held on July 30, 2008 approved the merger of M/s. Astra Microelectronic Technologies Limited (wholly owned subsidiary) with the Company. Further the company has submitted a copy of the Board resolution. Copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
I don"t know
Posted by : pkjattkingTracked by: 0 Boarder
Every time I buy this stock it goes up...... but in realty it has come down a lot........... something is telling me its about to make gOOd bullish move to the upside........ there is also a lot of funds buying the stock....... are they crazy........... tell me about it............
Boarders Outlook on Astra Microwave
positive outlookMore from the Telecommunications - Equipment Sector
Boarders tracking Astra Microwave
News Updates on Astra Microwave
