JV bags Rs 285.56 cr defence order from MoD for IAF Special Forces

Govt Defence OrderBusiness Updates View source PDF Explain this filing

ASTRAMICRO · price

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Price reactionminutes from the announcement price · days from the prior close

+3.4%Reaction day

₹1044.65

prior close

₹1057.00

announcement price

After-mkt

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.1%+2.3% vs market

Aerospace & Defense peers, median of 20sector-0.4%+3.8% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 3.8 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

+3.4+1.1+2.3-0.4+3.8

Next day

+1.8+0.3+1.5-1.3+3.1

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UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 20Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Astra Microwave's joint venture Astra Rafael Comsys has received an order worth Rs 285.56 crores including taxes from the Ministry of Defence for supplying Communication Systems with accessories for the Indian Air Force Special Forces. The order is domestic and is to be executed within 11 months. The company stated it will receive a good portion of the business from this order through the JV. It is not a related party transaction.

Likely market impact

Positive for revenue visibility. Order is with the JV but parent will get a meaningful share of business. Strengthens defence order book.