This Radhakishan Damani-owned stock has zoomed 66% in 2 months

Astra Microwave Products sees opportunities from various programs planned by the government through Defense Research labs (DRDO) and from the Make-II opportunities from Ministry of Defence (MoD)

Shares of Astra Microwave Products hit a new high of Rs 321, surging 6 per cent on the BSE in Tuesday's intra-day trade, amid heavy volumes.

At 12:52 pm, the stock was trading 4 per cent higher at Rs 315. In comparison, the S&P BSE Sensex was up 0.07 per cent at 58,813 level, after hitting an intra-day low of 58,172. Trading volumes on the counter jumped 1.6 times with a combined 1.95 million equity shares having changed hands on the NSE and BSE.

In the past two months, the stock of the defence company has zoomed 66