Why is AXISCADES Tech. falling/rising?

As of 12-Aug, AXISCADES Technologies Ltd's stock price is currently at Rs 1,203.75, reflecting a decrease of Rs 36.8 or 2.97%. The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 12.72% during this period. Today's performance indicates that the stock underperformed its sector by 3.25%, with an intraday low of Rs 1,186.8. Despite this recent decline, the stock has shown strong long-term performance, with a remarkable 128.09% return over the past year and a staggering 760.44% increase over three years. The company has also demonstrated a strong ability to service its debt, with a low Debt to EBITDA ratio of 0.67 times and a solid growth in profit after tax over the last six months.
In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark, with a 10.84% decline over the past week compared to a mere 0.59% drop in the Sensex. While the stock has been experiencing a downturn, it is important to note that it has consistently outperformed the BSE500 in the long term, indicating a strong market position. The recent increase in investor participation, as evidenced by a 52.27% rise in delivery volume, suggests that there may be underlying confidence in the company's fundamentals despite the current price decline.