Why is Astra Microwave falling/rising?

As of 12-Aug, Astra Microwave Products Ltd is experiencing a decline in its stock price, currently at Rs 983.00, which reflects a decrease of Rs 11.55 or 1.16%. The stock's performance today has been in line with the sector, having touched an intraday low of Rs 974, representing a drop of 2.07%. Despite this short-term decline, the stock has shown positive returns over the past week, gaining 3.56%, and has significantly outperformed the benchmark Sensex over various periods, including a year-to-date increase of 27.78% compared to the Sensex's 2.68%. The company also demonstrates strong fundamentals, with a low Debt to EBITDA ratio of 0.62 times and healthy long-term growth, as indicated by an annual operating profit growth rate of 32.76%. Additionally, the recent quarterly results showed a substantial increase in profit after tax and net sales, which may support investor confidence.
In the broader market context, while Astra Microwave's recent performance has been positive over the longer term, the stock's current decline contrasts with its strong historical returns, including a remarkable 255.97% increase over the past three years. The stock's liquidity remains adequate, with a notable rise in delivery volume, suggesting increased investor participation. However, the benchmark Sensex has seen a slight decline of 0.59% over the past week, indicating that the market sentiment may be affecting Astra Microwave's stock price. Overall, while the stock has shown resilience and strong fundamentals, the recent price movement reflects a temporary setback amidst broader market fluctuations.