Why is Anant Raj falling/rising?

As of 17-Jul, Anant Raj Ltd's stock price is currently at 601.40, reflecting a decrease of 4.9 points or 0.81%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 1.02%. Despite this recent downturn, the stock has shown strong performance over the past week and month, with returns of 7.90% and 12.59%, respectively. The company has consistently reported positive results, including a 34.6% growth in net profit and a healthy annual growth rate in net sales of 40.40%. However, the stock's recent price drop may be influenced by its underperformance relative to the sector and the broader market, as it has lagged behind the benchmark Sensex today.
In the broader market context, Anant Raj Ltd's short-term performance contrasts with the Sensex, which has declined by 1.12% over the past week while the stock gained 7.90%. This indicates that the stock has been resilient compared to the market. However, the year-to-date performance shows a significant decline of 29.63% for Anant Raj, while the Sensex has increased by 5.27%. The stock's liquidity remains robust, with a delivery volume increase of 11.07% against the five-day average, suggesting continued investor interest despite the recent price drop. Overall, while the company has demonstrated strong long-term growth and consistent returns, the recent price decline may reflect short-term market pressures and sector performance.