Astra Microwave Products Shows Strong Short-Term Gains Amid Mixed Long-Term Trends

Astra Microwave Products, a midcap player in the defence sector, has shown notable activity today, gaining 5.38% on March 7, 2025. This performance outpaced the sector, which saw an increase of 2.07%. Over the past four days, Astra has experienced a consecutive gain, accumulating a total return of 7.47%. The stock reached an intraday high of Rs 656.55, reflecting a rise of 5.31% during the session.
In terms of moving averages, Astra'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. This indicates a mixed short-term trend relative to longer-term performance.

When comparing Astra's performance to the broader market, the stock has outperformed the Sensex today, which is trading at 74,466.23, up by 0.17%. However, Astra's performance over the past month shows a decline of 9.99%, contrasting with the Sensex's decrease of 4.37%. Over the last year, Astra has managed a gain of 5.93%, while the Sensex has seen a modest increase of 0.45%.