Astra Microwave Gains 2.7% as GE Engine Deliveries Boost Tejas Program

Astra Microwave Products shares rose 2.7% during midday trading. The Nifty India Defence index gained 1.6% as buying interest spread across the sector.

GE Aerospace delivered a new batch of F404-IN20 engines to Hindustan Aeronautics Limited (HAL). These components support the Tejas Mk1A fighter jet program.

Astra Microwave operates as a key supplier to HAL for this defense initiative. The delivery indicates a consistent revenue stream for companies within the Tejas supply chain.