Why is Affle 3i falling/rising?

As of 25-Jul, Affle 3i Ltd's stock price is currently at 1,799.30, reflecting a decrease of 59.95 points or 3.22%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 5.65% during this period. Today's price summary indicates that the stock touched an intraday low of Rs 1792.3 and has underperformed its sector by 1.1%. Over the past week and month, the stock has seen declines of 5.60% and 7.01%, respectively, while it has shown a year-to-date increase of 1.02% and a notable 25.61% rise over the past year. Despite these recent declines, the company boasts strong fundamentals, including high management efficiency, a low debt-to-equity ratio, and consistent positive results over the last five quarters, which may support its long-term growth potential.
In the broader market context, Affle 3i's recent performance contrasts with the Sensex, which has only declined by 0.36% over the past week and 1.56% over the past month. This indicates that the stock's short-term struggles are more pronounced than the overall market trends. The telecommunications equipment sector, in which Affle operates, has also seen a decline of 2.11%, contributing to the stock's downward pressure. However, the stock has demonstrated strong long-term performance, outperforming the BSE500 over three years, one year, and three months, which may attract investors looking for growth despite the recent volatility.