Why is Astra Microwave falling/rising?

As of 09-Jul, Astra Microwave Products Ltd has seen its stock price rise by 16.3 points, or 1.57%, reaching a current price of 1,055.00. The stock has recently experienced a trend reversal, gaining after two consecutive days of decline. Despite a 1.20% drop over the past week and a 6.63% decline over the past month, the stock has shown strong long-term performance, with a year-to-date increase of 37.14% and a remarkable 414.26% rise over the past three years. The stock's performance today has outpaced its sector by 2.51%, although there has been a notable decrease in investor participation, with delivery volume falling by 46.86% compared to the five-day average. The company maintains a low Debt to EBITDA ratio of 0.62 times, indicating a strong ability to service debt, and has reported healthy long-term growth with an annual operating profit growth rate of 32.76%.
In the broader market context, Astra Microwave's short-term performance has lagged behind the Sensex, which has gained 0.15% over the past week and 1.32% over the past month. However, the stock has consistently outperformed the BSE500 over the last three years, generating 13.12% returns in the past year. The high institutional holdings at 20.61% suggest that knowledgeable investors are confident in the company's fundamentals, which may contribute to the stock's resilience despite recent fluctuations. Overall, while the stock is currently rising, it faces challenges in short-term performance relative to the benchmark, but its strong fundamentals and historical returns provide a positive outlook for long-term investors.