Why is Astra Microwave falling/rising?
As of 14-Nov, Astra Microwave Products Ltd's stock price is Rs 998.95, down 1.63% after four consecutive days of decline, totaling a 4.73% drop. Despite strong long-term growth potential and a year-to-date return of 29.85%, recent performance shows challenges against the broader market.
As of 14-Nov, Astra Microwave Products Ltd is experiencing a decline in its stock price, currently at Rs 998.95, which represents a decrease of Rs 16.55 or 1.63%. The stock has been underperforming recently, having fallen for the last four consecutive days, resulting in a total decline of 4.73% during this period. Additionally, the stock's performance over the past week and month shows declines of 4.10% and 8.33%, respectively, while it has still managed to generate a substantial year-to-date return of 29.85%. Despite its strong long-term growth potential, indicated by a healthy operating profit growth rate of 30.50% and a low Debt to EBITDA ratio of 0.62 times, the recent price movement reflects short-term pressures.In the broader market context, Astra Microwave's recent performance contrasts sharply with the Sensex, which has gained 1.62% over the past week and 3.09% over the past month. This underperformance against the benchmark highlights the stock's struggles despite its strong institutional backing, which stands at 21.02%. The rising investor participation, with a significant increase in delivery volume, suggests some interest in the stock, but it has not been enough to counteract the recent downward trend. Overall, while Astra Microwave has demonstrated consistent returns over the past three years, the current market dynamics and short-term performance indicate challenges that are impacting its stock price negatively.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
