03 Oct 2025 | 5 Mins Read
Goldman Sachs sees 45% upside in defence stock
Flipitmoney
Goldman Sachs initiates coverage on Astra Microwave with a "buy" recommendation and a 12-month price target of ₹1,455, implying a 45% upside. The brokerage highlights domestic defence segment growth, transition to solution provider, and enhancement in counter drone segments as drivers for the stock. All six analysts covering the stock also recommend "buy".