Astra Microwave Products Limited
HDFC Mutual Fund increased its stake in Astra Microwave Products Limited from 4.34% to 4.76%, purchasing 4,06,765 shares to bring its total holding to 45,23,071 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.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.