Why is Astra Microwave falling/rising?

As of 11-Aug, Astra Microwave Products Ltd is experiencing a price increase, currently at 994.55, reflecting a rise of 35.6 or 3.71%. Today's price summary indicates that the stock has outperformed its sector by 3.77% and has shown a trend reversal after two consecutive days of decline, reaching an intraday high of Rs 1000.5. The stock's performance over the past week shows a gain of 3.81%, while its year-to-date return stands at an impressive 29.28%. The company benefits from a strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 0.62 times, and has demonstrated healthy long-term growth with an annual operating profit growth rate of 32.76%. Additionally, high institutional holdings at 20.83% suggest confidence from investors who can analyze the company's fundamentals effectively.
In the broader market context, Astra Microwave's short-term performance contrasts positively with the benchmark, as the Sensex has declined by 0.51% over the past week. This indicates that the stock is not only resilient but also gaining traction amidst a generally unfavorable market environment. The company's consistent returns over the last three years, including a 19.84% return in the past year, further highlight its strong market position compared to the BSE500. Despite a slight decrease in investor participation, the stock's liquidity remains adequate, supporting its ongoing upward movement.