Why is Cosmo First falling/rising?

As of 11-Jul, Cosmo First Ltd is experiencing a decline in its stock price, currently at 1,140.95, which represents a decrease of 40.05 or 3.39%. The stock has been underperforming recently, having fallen consecutively for the last two days with a total decline of 3.64%. Although it opened the day with a gain of 4.14% and reached an intraday high of Rs 1229.95, it also touched a low of Rs 1133.5, indicating high volatility with an intraday fluctuation of 6.1%. Over the past week, the stock has shown a modest gain of 0.58%, but it has underperformed the sector by 2.38%. In terms of longer-term performance, the stock has generated a return of 34.98% over the past year, significantly outperforming the broader market, which saw a return of only 0.52%.
In the broader market context, while Cosmo First has shown strong year-to-date performance with a 24.69% increase, it has faced challenges in the short term, particularly in the last month where it declined by 8.71%. The stock's recent price movement may be influenced by its high volatility and the fact that it is trading below its 5-day and 20-day moving averages, despite being above the longer-term averages. The company's low debt-to-equity ratio and fair valuation, along with a significant increase in profits over the past year, suggest a solid underlying business; however, the recent price drop indicates market concerns or profit-taking by investors. Overall, while the stock has strong fundamentals, the recent price action reflects a mix of short-term volatility and investor sentiment.