Why is ASM Technologies falling/rising?

As of 11-Aug, ASM Technologies Ltd's stock price is currently at Rs 2,737.05, reflecting a decline of Rs 95.0 or 3.35%. The stock has underperformed its sector today by 3.65% and has been on a downward trend for the last two days, accumulating a total loss of 3.96%. Despite opening with a gain of 6.64% and reaching an intraday high of Rs 3,044, it also experienced a low of Rs 2,702.25, indicating high volatility with a wide trading range of Rs 341.75. Over the past week, the stock has decreased by 3.70%, although it has shown positive returns of 0.26% over the last month and an impressive 99.93% year-to-date. The company's strong fundamentals, including a low Debt to EBITDA ratio and consistent growth in operating profit and net sales, suggest a healthy long-term outlook, but recent declines in investor participation and delivery volume may be contributing to the current price drop.
In the broader market context, ASM Technologies' recent performance contrasts with the benchmark Sensex, which has only fallen by 0.51% over the past week. While the stock has outperformed the benchmark significantly over longer periods, such as a 387.97% increase over three years compared to the Sensex's 35.85%, the short-term underperformance may be affecting investor sentiment. The stock's high volatility and recent consecutive losses could be causing caution among investors, despite the company's strong financial health and positive long-term growth indicators.