Why is Craftsman Auto falling/rising?

As of 02-Sep, Craftsman Automation Ltd's stock price is currently at Rs 6,935.00, reflecting a decline of Rs 175.1 or 2.46%. Today's performance indicates that the stock has underperformed its sector by 2.65%, with an intraday low of Rs 6,908.55, which is a decrease of 2.83%. Despite this drop, the stock has shown strong performance over the past month, gaining 7.10%, and has a year-to-date return of 29.79%. However, there are concerns regarding falling investor participation, as the delivery volume has decreased significantly by 69.67% compared to the 5-day average. While the stock is trading above its moving averages, the recent decline may be attributed to profit-taking after a strong performance and a decrease in trading activity.
In the broader market context, Craftsman Automation's short-term return of -3.65% over the past week contrasts with the Sensex, which has only declined by 0.78%. This indicates that the stock is underperforming relative to the market. Despite the recent price drop, the company benefits from high management efficiency, a robust growth rate in net sales, and strong institutional holdings at 38.5%. These factors suggest that while the stock is currently facing downward pressure, its long-term fundamentals remain strong, which may support a recovery in the future.