Astra Microwave Products

BSE Announcements on Astra Microwave

Posted by : MMB Messenger
Price when posted : [Astra Microwave - BSE:Rs. 44.45 NSE:Rs. 44.30 when posted]

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Astra Microwave Products Ltd has informed BSE that the members at the 17th Annual General Meeting (AGM) of the Company held on September 29, 2008, inter alia, have accorded to the following:

1. Adopted the audited Balance sheet as at March 31, 2008, Profit and Loss Account for the year ended on that date and the Reports of the Board of Directors and Auditors thereon.

2. Approved the recommendation of the Board of Directors for payment of dividend @ Rs 0.25/- per share.

3. Approved the re-appointment of Mr. B Malla Reddy, Mrs. C Prameelamma and Dr. Shiban K Koul, Directors, who retires by rotation at the meeting.

4. Approved the re-appointment of M/s Amar & Raju, Chartered Accountants, as Statutory Auditors of the Company to hold office for the period commencing from the conclusion of this meeting till the conclusion of the next Annual General Meeting on a remuneration to be fixed by the Board of Directors....

NSE Announcements on Astra Microwave

Posted by : MMB Messenger
Price when posted : [Astra Microwave - BSE:Rs. 44.45 NSE:Rs. 44.30 when posted]

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Astra Microwave Products Limited has submitted to the Exchange a copy of the Proceedings of the Annual General Meeting of the Company held on September 29, 2008. A 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). ...

Astra Micro to MACRO!

Posted by : jaivijay
Price when posted : BSE: Rs 55.10 ( 12.91 % ), NSE: Rs. 57.60 ( 4.73 % )

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Thanks for your caution and detailed look. This particular company is in the high end electronics, Nuke deal will indirectly help this stock, also as many defence products should go for local procurement, this will boost the business to these defence electronics companies. As a investors i look for max. of 20% gain from this stock, already it has rose from the YL to 50+ now and may move to 62-75 levels, if everything goes right, in this current market, there are many star stocks for long term investment. but it is to the investor, how to invest and where to exit, they should be careful about this, as for as this stock concerned it is not a bad investment at and below 45 level for 20-25% gain and occasional trading gains, once agin thanks for your caution. ...

In reply to:

Astra Micro to MACRO!

Posted by : parnasri

Nuke deal will not meet any expectation for stock price. Temporarily it may create a hype as the effect of Nuke deal may be seen only after 10 years at least. So, it is not possible any stock moving on the basis of Nuke deal. It is still not clear whether the deal will bring any benefit to the indian part or it is only a deal to appease american business. if we (stock market people) well informed then we must have the ideas that the world is moving against the nuke power. It is only required for research purposes but not for the people and business purposes. It is very ashtonishing that America has come forward with the technology to help us to solve our energy crisis. Reality is different. They are stuck with this technology of destruction. USA itself trying to develop alternate energy system and not the Nuke power. Sooner or later, we will understand it before full implementation of the deal. Expect much protest against the strategy of dumping technology. So bank cautiously on this technology as a business. Operators and speculators are creating systematic hype about NUKE deal. It is nothing with the business profit. If any profit or business generates that should be after 20 years(installation 10 yrs and implementation profit generation 10 yrs). So, all the real investors should be cautious about the operators' move.

Astra Micro to MACRO!

Posted by : parnasri
Price when posted : BSE: Rs 55.10 ( 12.91 % ), NSE: Rs. 55.00 ( 12.94 % )

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Nuke deal will not meet any expectation for stock price. Temporarily it may create a hype as the effect of Nuke deal may be seen only after 10 years at least. So, it is not possible any stock moving on the basis of Nuke deal. It is still not clear whether the deal will bring any benefit to the indian part or it is only a deal to appease american business. if we (stock market people) well informed then we must have the ideas that the world is moving against the nuke power. It is only required for research purposes but not for the people and business purposes. It is very ashtonishing that America has come forward with the technology to help us to solve our energy crisis. Reality is different. They are stuck with this technology of destruction. USA itself trying to develop alternate energy system and not the Nuke power. Sooner or later, we will understand it before full implementation of the deal. Expect much protest against the strategy of dumping technology. So bank cautiously on this technology as a business. Operators and speculators are creating systematic hype about NUKE deal. It is nothing with the business profit. If any profit or business generates that should be after 20 years(installation 10 yrs and implementation profit generation 10 yrs). So, all the real investors should be cautious about the operators' move. ...

In reply to:

Astra Micro to MACRO!

Posted by : parnasri

Nuke deal will not meet any expectation for stock price. Temporarily it may create a hype as the effect of Nuke deal may be seen only after 10 years at least. So, it is not possible any stock moving on the basis of Nuke deal. It is still not clear whether the deal will bring any benefit to the indian part or it is only a deal to appease american business. if we (stock market people) well informed then we must have the ideas that the world is moving against the nuke power. It is only required for research purposes but not for the people and business purposes. It is very ashtonishing that America has come forward with the technology to help us to solve our energy crisis. Reality is different. They are stuck with this technology of destruction. USA itself trying to develop alternate energy system and not the Nuke power. Sooner or later, we will understand it before full implementation of the deal. Expect much protest against the strategy of dumping technology. So bank cautiously on this technology as a business. Operators and speculators are creating systematic hype about NUKE deal. It is nothing with the business profit. If any profit or business generates that should be after 20 years(installation 10 yrs and implementation profit generation 10 yrs). So, all the real investors should be cautious about the operators' move.