News and Views
Short-Term Price Movement and Market Performance
The stock has been under pressure over the past week, registering a decline of 5.95%, significantly underperforming the Sensex benchmark which fell by only 0.53% in the same period. Over the last month, Astra Microwave’s shares have dropped sharply by 16.15%, contrasting with the Sensex’s 2.16% gain. This recent weakness is further highlighted by the stock’s three consecutive days of losses, during which it has shed 5.55% of its value. On 04-Dec, the stock touched an intraday low of ₹881.55, representing a 2.41% drop from the previous close, with the weighted average price indicating that a larger volume of shares traded closer to this low point.
Adding to the bearish sentiment, Astra Microwave is currently trading below...
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