Why is Aeonx Digital falling/rising?

As of 17-Sep, Aeonx Digital Technology Ltd's stock price is currently at 226.00, reflecting a decrease of 3.95, or 1.72%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 3.25% during this period. Despite this recent downturn, the stock has shown strong performance over the past month with a 35.29% increase, and it has outperformed the benchmark Sensex in both the 1-week and 1-month periods. However, today's trading activity indicates a lack of investor participation, with a notable 22% drop in delivery volume compared to the 5-day average. The company has reported positive results over the last four quarters, including significant growth in net sales and strong financial ratios, which could support a more favorable outlook in the long term.
In the broader market context, Aeonx Digital's recent performance contrasts with the Sensex, which has only increased by 1.56% over the past week. While the stock has shown impressive long-term returns, including a 59.72% gain over the past year, the current decline suggests that short-term pressures are affecting investor sentiment. The stock's liquidity remains adequate for trading, but the recent drop in delivery volume may indicate a cautious approach from investors amid the recent price decline. Overall, while the company has demonstrated strong fundamentals, the recent price movement reflects a temporary setback in the face of broader market dynamics.