Why is Cartrade Tech falling/rising?

As of 25-Jul, Cartrade Tech Ltd's stock price is currently at Rs 1,897.70, reflecting a decline of Rs 48.15, or 2.47%. The stock has been underperforming recently, having fallen consecutively for the last two days with a total drop of 3.11%. Today's performance indicates that it has underperformed its sector by 1%, and it reached an intraday low of Rs 1,875.55. Despite this short-term decline, the stock has shown strong performance over longer periods, with a 1-month return of 15.89% and a remarkable 119.98% increase over the past year. The company's fundamentals remain solid, with a low debt-to-equity ratio, consistent positive results over the last 12 quarters, and significant growth in net sales and operating profit. Additionally, high institutional holdings at 77.79% suggest confidence from larger investors, which may help stabilize the stock despite recent volatility.
In the broader market context, Cartrade Tech's recent performance contrasts with the benchmark Sensex, which has seen a slight decline of 0.36% over the past week. While the stock has outperformed the benchmark in the longer term, including a 27.75% year-to-date return compared to the Sensex's 4.25%, the recent drop may be influenced by falling investor participation, as evidenced by a 51.4% decrease in delivery volume against the 5-day average. This decline in trading activity could indicate reduced investor confidence or interest, contributing to the stock's current downward trend.