Why is Creative Newtech falling/rising?

As of 04-Jul, Creative Newtech Ltd's stock price is currently at 645.70, reflecting a decrease of 13.9 points or 2.11%. The stock has hit a new 52-week low of Rs.640.05 today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the past week, the stock has underperformed significantly, with a return of -6.81% compared to the Sensex's -0.69%. Additionally, the delivery volume has dropped by 72.69% against the 5-day average, indicating falling investor participation. Despite a healthy long-term growth rate in net sales of 31.13% and an attractive valuation with a Price to Book Value of 3.3, the stock's recent performance has been hindered by flat quarterly results, a significant drop in PAT, and a low Debtors Turnover Ratio.
Broader market context shows that Creative Newtech's short-term performance is notably weaker than the benchmark, as it has generated a -6.81% return over the past week while the Sensex has only declined by -0.69%. The stock has also underperformed the broader market over the past year, with a return of -18.00% compared to the Sensex's gain of 4.77%. The lack of investment from domestic mutual funds, which hold 0% of the company, may reflect a lack of confidence in the stock's current price or business outlook, further contributing to its downward pressure in the market.