Astra Microwave Products Outperforms Defence Sector Amid Mixed Long-Term Signals

Astra Microwave Products has shown significant activity today, gaining 5.29% as of March 19, 2025. This performance has allowed the stock to outperform the defence sector, which has risen by 2.26%. Over the past two days, Astra Microwave has recorded a total increase of 7.35%, indicating a positive short-term trend.
The stock reached an intraday high of Rs 666.85, reflecting a 5.62% increase at its peak. In terms of moving averages, Astra Microwave's current price is above its 5-day and 20-day moving averages but remains below the 50-day, 100-day, and 200-day moving averages, suggesting mixed signals in the longer-term trend.

In the broader market context, the Sensex opened positively, trading at 75,521.99, up 171.91 points or 0.29%. While Astra Microwave has shown strong performance over the past year with a 20.67% increase, it has faced challenges in the shorter term, with a year-to-date decline of 13.59%. Over the last three years, the stock has impressively surged by 200.32%, significantly outpacing the Sensex's 30.52% growth during the same period.