Kotak Mutual Fund increased its stake in Astra Microwave Products from 2.32% to 2.42%, buying 1,00,000 shares.
A designer and manufacturer of radio frequency and microwave subsystems for defense, space, meteorology, and telecommunications applications. Astra Microwave Products specializes in developing advanced electronic components and integrated systems used in critical defense platforms, satellite communications, weather monitoring, and telecom infrastructure. The company serves domestic government agencies and international customers requiring specialized RF and microwave technology solutions for mission-critical operations.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.
