Why is Astra Microwave falling/rising?

As of 14-Jul, Astra Microwave Products Ltd is currently priced at Rs 997.00, reflecting an increase of Rs 2.6 or 0.26%. The stock has shown a trend reversal by gaining after two consecutive days of decline. It outperformed its sector by 0.78% today, despite touching an intraday low of Rs 970, which represented a decline of 2.45%. Over the past week, the stock has decreased by 4.12%, but it has demonstrated strong long-term growth with a year-to-date return of 29.60% and a remarkable 373.75% increase over the last three years. The company also maintains a low Debt to EBITDA ratio of 0.62 times, indicating a strong ability to service debt, and has shown healthy operating profit growth at an annual rate of 32.76%. Additionally, high institutional holdings at 20.61% suggest confidence from knowledgeable investors.
In the broader market context, Astra Microwave's short-term performance has lagged behind the benchmark Sensex, which has declined by only 1.42% over the past week. However, the stock's year-to-date performance significantly outpaces the Sensex's 5.27% increase, indicating a strong long-term trajectory despite recent short-term volatility. The rising investor participation, evidenced by a 39.93% increase in delivery volume, further supports the stock's resilience and potential for recovery. Overall, while the stock has faced some short-term challenges, its solid fundamentals and long-term growth prospects contribute to its recent price movement.