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    Astra Microwave Q4 net profit up 2.7 times, shares gain 8%

    Astra Microwave Products' fourth quarter (January-March) net profit rose 2.7 times year-on-year to Rs 27 crore, sending shares more than eight percent higher.

    April 29, 2013 / 16:30 IST

    Astra Microwave Products' fourth quarter (January-March) net profit rose 2.7 times year-on-year to Rs 27 crore, sending its shares more than eight percent higher.

    Meanwhile, its net sales grew by 35.8 percent to Rs 121.1 crore from Rs 89.2 crore Y-o-Y.

    At 13:28 hours IST, the stock was quoting at Rs 43, up 8.45 percent amid large volumes on Bombay Stock Exchange.

    Also Read - Slow capex, higher project cost dented Siemens Q2 nos

    Trading volumes increased 132 percent to 1,94,849 shares as compared to its five-day average of 84,111 shares.

    first published: Apr 29, 2013 02:01 pm

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