Why is Cartrade Tech falling/rising?

As of 22-Aug, Cartrade Tech Ltd's stock price is currently at Rs 2,349.35, reflecting a decrease of Rs 71.65, or 2.96%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 4.77% during this period. Today's performance indicates that it underperformed its sector by 1.19%, and it reached an intraday low of Rs 2,270.6, which is a significant drop of 6.21%. Despite a strong long-term performance, with a 153.44% return over the past year, the recent decline may be attributed to falling investor participation, as evidenced by a 77.21% decrease in delivery volume compared to the five-day average. The company maintains a low debt-to-equity ratio and has shown healthy growth in operating profit, which suggests that the fundamentals remain strong, but the recent price movement indicates a shift in market sentiment.
In the broader market context, Cartrade Tech's short-term performance has been relatively strong compared to the benchmark, with a 1-week return of 1.41% against the Sensex's 0.88%. However, the stock's recent decline contrasts with its impressive long-term growth, as it has outperformed the BSE500 over various time frames. The high institutional holdings at 77.79% indicate confidence from larger investors, but the recent drop in trading volume and price suggests a potential shift in market dynamics or investor sentiment. Overall, while the company has demonstrated solid fundamentals and growth, the recent price decline may reflect short-term market pressures rather than a fundamental weakness in the company's performance.