Why is Anant Raj falling/rising?

As of 05-Aug, Anant Raj Ltd's stock price is currently at 559.85, reflecting a decrease of 2.05, or 0.36%. The stock has been on a downward trend, losing value for the last five consecutive days, with a total decline of 3.56% during this period. Although the stock reached an intraday high of Rs 573.55, it remains lower than its moving averages over the 5-day, 20-day, 50-day, and 200-day periods, indicating a bearish sentiment. Despite the recent price drop, the company has shown healthy long-term growth, with net sales increasing at an annual rate of 44.24% and operating profit at 51.44%. The company has also consistently reported positive results for the last 17 quarters, which may provide some support for the stock in the long run.
In the broader market context, Anant Raj's short-term performance has underperformed compared to the benchmark Sensex, which has only declined by 0.77% over the same week. The stock's year-to-date performance shows a significant drop of 34.49%, contrasting with the Sensex's gain of 3.29%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 42.39% against the 5-day average, which could indicate waning interest among investors. Despite these challenges, the stock has delivered consistent returns over the past three years, outperforming the BSE500 in each of the last three annual periods, suggesting that while the short-term outlook may be weak, the long-term fundamentals remain strong.