Why is ASM Technologies falling/rising?

As of 06-Aug, ASM Technologies Ltd is experiencing a decline in its stock price, currently at Rs 2,830.00, reflecting a decrease of Rs 14.35 or 0.5%. The stock has shown a trend reversal, falling after two consecutive days of gains. It reached an intraday low of Rs 2,763.3, which is a drop of 2.85%. Despite this decline, the stock has outperformed its sector by 0.79% today. Over the past month, ASM Technologies has increased by 4.93%, significantly outperforming the Sensex, which has decreased by 3.46%. Year-to-date, the stock has surged by 106.72%, while the Sensex has only risen by 3.08%. However, there has been a notable decrease in investor participation, with delivery volume falling by 18.33% compared to the five-day average.
In the broader market context, the stock's performance over the past week shows a decline of 1.08%, which is slightly better than the Sensex's drop of 1.15%. This indicates that while the stock is facing short-term challenges, it has maintained a strong long-term performance, with a remarkable increase of 412.36% over three years and 6,674.39% over five years. The liquidity of the stock remains adequate for trading, as it is based on 2% of the five-day average traded value. Overall, the combination of recent price movements, reduced investor participation, and the stock's historical performance suggests that while ASM Technologies is currently facing downward pressure, its long-term trajectory remains robust.