Short term swing trade | Buy NSE: ASTRAMICRO | Indian stock trading picks on 26 May 2026

NOTE

Closing Price: ₹1,236 (as of May 25, 2026)
StopLoss*: Apply on the daily close. After the first target, reset the StopLoss to your buying price.
Duration^: Approximate holding period based on the active trading days (excluding market holidays). Actual holding may vary with the market conditions.
Upside Potential#: Based on median of the suggested buy range.

Astra Microwave Products Limited is an Indian defence and space technology company that designs and manufactures advanced microwave, radar, RF, and electronic systems. Its products are used in defence radars, electronic warfare, missile systems, satellite and ISRO programs, communication networks, weather monitoring, and homeland security applications. The company primarily serves defence and space sectors in India while also exporting its products internationally.

Q3 FY26 Earnings Call Summary & Financial Highlights

Earnings Call Summary

Steady quarter, solid execution: Q3 sales came in at ₹260.25 crore, up 0.66% YoY; net profit at ₹46.81 crore, slightly down 1.31% YoY on a high base.
Margins remain healthy: Operating profit grew to ₹77.62 crore, with PBT up 8%, supported by a favorable product mix and strong execution in defence orders.
Order book at record high: Standalone order book crossed ₹2,226 crore, giving strong revenue visibility for upcoming quarters. Demand from defence and space remains robust.
Big growth plan ahead: Management aims to double revenue to ₹2,250 to 2,500 crore by FY30, with a long-term ambition of becoming a $1 billion revenue company. Key drivers: QR-SAM, Uttam Radars, and ISRO programs.
Focus on execution: With orders flowing in, management's priority is on-time delivery, scaling production, and maintaining balance sheet discipline.

Financial Highlights

Metric	Q3 FY26 (Dec '25)	Q2 FY26 (Sep '25)	Q3 FY25 (Dec '24)	QoQ Change	YoY Change
Revenue from Operations	260	215	259	▲ 20.9%	▲ 0.4%
EBITDA (Operating Profit)	83	48	76	▲ 72.9%	▲ 9.2%
EBITDA Margin (OPM %)	32%	22%	29%	▲ 1,000 bps	▲ 300 bps
Net Profit (PAT)	47	24	47	▲ 95.8%	▲ 0.0%
EPS (₹)	4.93	2.52	5	▲ 95.6%	▼ 1.4%

Q3 FY26 Earnings Call Summary & Financial Highlights

Earnings Call Summary

Steady quarter, solid execution: Q3 sales came in at ₹260.25 crore, up 0.66% YoY; net profit at ₹46.81 crore, slightly down 1.31% YoY on a high base.
Margins remain healthy: Operating profit grew to ₹77.62 crore, with PBT up 8%, supported by a favorable product mix and strong execution in defence orders.
Order book at record high: Standalone order book crossed ₹2,226 crore, giving strong revenue visibility for upcoming quarters. Demand from defence and space remains robust.
Big growth plan ahead: Management aims to double revenue to ₹2,250 to 2,500 crore by FY30, with a long-term ambition of becoming a $1 billion revenue company. Key drivers: QR-SAM, Uttam Radars, and ISRO programs.
Focus on execution: With orders flowing in, management's priority is on-time delivery, scaling production, and maintaining balance sheet discipline.

Financial Highlights

Metric	Q3 FY26 (Dec '25)	Q2 FY26 (Sep '25)	Q3 FY25 (Dec '24)	QoQ Change	YoY Change
Revenue from Operations	260	215	259	▲ 20.9%	▲ 0.4%
EBITDA (Operating Profit)	83	48	76	▲ 72.9%	▲ 9.2%
EBITDA Margin (OPM %)	32%	22%	29%	▲ 1,000 bps	▲ 300 bps
Net Profit (PAT)	47	24	47	▲ 95.8%	▲ 0.0%
EPS (₹)	4.93	2.52	5	▲ 95.6%	▼ 1.4%

Price Performance & Volume Analysis

Price Performance

Volume Analysis

Price Performance & Volume Analysis

Price Performance

Volume Analysis

Technical Analysis

Key Observations

After a prolonged consolidation phase, the stock price has broken above its key resistance level and is currently sustaining above it.
If momentum strengthens from current levels, the stock could witness a potential upside move in the near term

Working with a SEBI registered investment advisor ensures every move is backed by research, not random speculation

Technical Image - Daily Timeframe

Technical Analysis

Key Observations

After a prolonged consolidation phase, the stock price has broken above its key resistance level and is currently sustaining above it.
If momentum strengthens from current levels, the stock could witness a potential upside move in the near term

Working with a SEBI registered investment advisor ensures every move is backed by research, not random speculation

Technical Image - Daily Timeframe

Technical Indicators

Oscillators

Indicator	Value	Zone
RSI-14	70.65	Overbought
CCI-14	248.72	Overbought
ROC	6.43	Positive
Stochastic %K	88.93	Bullish
William %R	-9.63	Overbought

Exponential Moving Averages (EMAs)

EMA	Value	Stock Position
10 EMA	1154	Above
20 EMA	1123	Above
50 EMA	1071	Above
100 EMA	1035	Above
200 EMA	990	Above

Technical Indicators

Oscillators

Indicator	Value	Zone
RSI-14	70.65	Overbought
CCI-14	248.72	Overbought
ROC	6.43	Positive
Stochastic %K	88.93	Bullish
William %R	-9.63	Overbought

Exponential Moving Averages (EMAs)

EMA	Value	Stock Position
10 EMA	1154	Above
20 EMA	1123	Above
50 EMA	1071	Above
100 EMA	1035	Above
200 EMA	990	Above

Conclusion

Astra Microwave Products Stock Price Forecast

Based on our stock tips for short term trading, the Astra Microwave Products price target will be INR 1290 - INR 1300 in the next 10-12 trading sessions.

Conclusion

Astra Microwave Products Stock Price Forecast

Based on our stock tips for short term trading, the Astra Microwave Products price target will be INR 1290 - INR 1300 in the next 10-12 trading sessions.

MONEY MANAGEMENT AND TRADING RULES

Buy within the recommended price range. You may allow up to 1% flexibility beyond the range if needed.
No need to rush. The recommendation remains valid for up to 7 days, not just at market open.
Use a trailing stop-loss to protect and lock in profits.
Diversify your trading capital across our other recommended stocks to reduce risk.
Invest responsibly. Trade only with funds you can afford to lose and hedge positions where appropriate.

Analyst Summary

The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA. SEBI, the regulatory body of Indian financial market also recognizes him as a Research Analyst (INH300006582).

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

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