Astra Microwave's Strong Performance Highlights Growth in Defence Sector and Mid-Cap Stocks

Astra Microwave Products has shown significant activity today, gaining 5.4% as of April 21, 2025. The stock has outperformed its sector by 3.27%, reflecting a strong performance in the defence industry. Over the past two days, Astra Microwave has recorded a total increase of 7.63%, indicating a positive trend.
The stock reached an intraday high of Rs 805, marking a rise of 5.19%. Astra Microwave is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust market position.

In the broader market context, the Sensex has also experienced a positive opening, climbing 518.37 points to reach 79,421.46, a rise of 1.11%. Mid-cap stocks are leading the market, with the BSE Mid Cap index gaining 2.2%. Astra Microwave's performance over various time frames has been noteworthy, with a 1-year increase of 15.35% compared to the Sensex's 8.67%, and an impressive 3-year growth of 208.39% against the Sensex's 37.14%. This performance underscores Astra Microwave's strong position within the mid-cap segment of the defence industry.