Why is Ceinsys Tech falling/rising?

As of 23-Sep, Ceinsys Tech Ltd's stock price is currently at 1,604.60, reflecting a decrease of 17.5 points or 1.08%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 5.66% during this period. Despite this short-term downturn, the company has shown strong financial performance, with a remarkable 231.24% growth in net profit and positive results for the last five consecutive quarters. However, the stock's performance over the past month has been notably poor, with a decline of 14.42%, contrasting sharply with its impressive one-year return of 116.85%.
In the broader market context, Ceinsys Tech's recent performance has significantly lagged behind the benchmark, as it has dropped 5.00% over the past week while the Sensex only decreased by 0.34%. This underperformance is compounded by the stock's current trading below several key moving averages, indicating a bearish trend. Despite the recent declines, the stock remains liquid enough for trading, and the rising investor participation suggests some level of interest, which could stabilize the price in the future. Overall, while the company has demonstrated strong fundamentals, the recent price movement reflects broader market pressures and short-term investor sentiment.