Why Astra Microwave Could Benefit From Rising Defence Orders | Defence Sector In Focus

Astra Microwave has become a strong addition to the portfolio, with allocation increased aggressively over the past quarter. Aniruddha Sarkar, Co-founder & CIO, Equinova Investment Managers, remains bullish on the stock, highlighting its niche position in radar systems used across defence equipment. Astra Microwave counts major defence players such as HAL and BEL among its customers. As these large companies see their order books expand, Astra Microwave could also benefit from rising demand for its specialised products. The company’s niche capabilities and exposure to India’s growing defence ecosystem make it an interesting stock to watch as the country continues to expand domestic defence manufacturing.