Astra Microwave's Stock Declines by -5.16% After 'Hold' Call by MarketsMOJO

Astra Microwave Products, a midcap company in the defence industry, has seen a decline in its stock price by -5.16% on November 13th, 2024. This comes after a 'Hold' call by MarketsMOJO, indicating a neutral stance on the stock.

The stock has underperformed the sector by -2.88% and has also fallen after two consecutive days of gains. It touched an intraday low of Rs 743.25, a decrease of -5.47%. Astra Microwave is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend.

The defence sector as a whole has also seen a decline of -2.09%, further adding to the negative sentiment surrounding Astra Microwave's stock.

In comparison to the Sensex, Astra Microwave's 1-day performance is -4.61% while the Sensex has only seen a -0.64% decrease. Similarly, in the past month, Astra Microwave's stock has declined by -12.71% while the Sensex has only seen a -3.94% decrease.

It is important to note that this article is based on factual information and does not include any external data or sources. As a midcap company in the defence industry, Astra Microwave's stock performance is closely watched by investors and analysts. However, it is important to make investment decisions based on thorough research and not solely on stock performance.