Why is ASM Technologies falling/rising?

As of 19-Nov, ASM Technologies Ltd is experiencing a decline in its stock price, currently at Rs 3,657.65, which reflects a decrease of Rs 113.55 or 3.01%. The stock has underperformed its sector by 5.77% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 5.34%. In terms of performance, the stock has shown a negative return of 10.08% over the past week, although it has performed well over the longer term with a year-to-date increase of 167.18%. Despite the recent downturn, the company has reported strong long-term growth, with net sales increasing at an annual rate of 33.61% and operating profit at 49.25%, indicating solid fundamentals.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.85% over the past week, ASM Technologies' short-term performance has been significantly weaker. The broader IT - Software sector has also seen a positive movement, gaining 2.73%, further emphasizing the stock's underperformance. The decline in investor participation, with a notable drop in delivery volume, suggests a lack of confidence among investors, which may be contributing to the stock's recent price drop. Despite the company's strong historical performance and consistent positive results over the last six quarters, the current market sentiment appears to be affecting its stock negatively in the short term.