The announcement was made during trading hours today, 30 March 2015.

Meanwhile, the BSE Sensex was up 305.50 points, or 1.11% to 27,764.14.

On BSE, so far 1.58 lakh shares were traded in the counter, compared with an average volume of 3.08 lakh shares in the past one quarter.

The stock hit a high of Rs 144.30 and a low of Rs 134.45 so far during the day. The stock hit a 52-week high of Rs 165.90 on 19 February 2015. The stock hit a 52-week low of Rs 48.05 on 27 March 2014.

The stock had underperformed the market over the past one month till 27 March 2015, falling 14.26% compared with 6.03% decline in the Sensex. The scrip had however outperformed the market in past one quarter, gaining 18.46% as against Sensex's 0.8% rise.

The mid-cap telecom equipment & infra services provider has an equity capital of Rs 16.37 crore. Face value per share is Rs 2.

Astra Microwave Products' net profit rose 16.8% to Rs 12.70 crore on 20% decline in total income to Rs 149.03 crore in Q3 December 2014 over Q3 December 2013.