Multibagger Defence Stock to BUY Today: Goldman Sachs hikes target price, sees up to 19% upside – Check company name – Markets

Multibagger Defence Stock to BUY Today: Goldman Sachs hikes target price, sees up to 19% upside - Check company name - Markets


Multibagger Stock to BUY Today, Astra Microwave Share Price Target 2026: Astra Microwave Products, a key player in India’s defence sector, delivered a strong performance in Q4 FY26. The company reported a consolidated net profit of Rs 106 crore, registering a robust 44 per cent YoY growth compared to Rs 73.5 crore in the same quarter last year. Goldman Sachs has reviewed the performance of the stock and hiked its target price.

Revenue from operations stood at Rs 488.24 crore, up 19.6 per cent YoY from Rs 408 crore. Notably, revenue surged 88 per cent sequentially from Rs 240 crore in Q3 FY26, showcasing strong execution momentum.

EBITDA rose 36 per cent YoY to Rs 162.5 crore from Rs 119.6 crore, while EBITDA margin expanded significantly to 33.3 per cent from 29.3 per cent in the corresponding quarter last year, reflecting improved operational efficiency and higher margin defence orders.

Astra Microwave Share Price Target 2026

Goldman Sachs has maintained Buy and raised the target price to Rs 1,665 from Rs 1,455. (Upside 18.92 per cent from CMP).

Astra Microwave Share Price

On Thursday, the aerospace and defence segment stock closed at Rs 1400.15, up 3.23 per cent from its previous closing, on BSE.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)



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