Stocks

Will L&T selling impact Astra Microwave?

| Updated on March 09, 2018

24Astra col.eps



Shares of Astra Microwave Products will remain in focus, as Larsen & Toubro sold close to 75 lakh shares of the company through bulk deals. According to data available with the exchanges, L&T offloaded 24.5 lakh shares at ₹135.82 a share (on the BSE) and 50 lakh shares at ₹135.80 (on the NSE). As of September end, L&T owned 79.5 lakh shares of Astra Microwave. Analysts would be looking for the buyers’ identity, which is yet to be revealed.

Published on December 23, 2015

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor