Why is Creative Newtech falling/rising?

As of 07-Jul, Creative Newtech Ltd's stock price is currently at 648.25, reflecting an increase of 2.55 (0.39%). Despite this slight uptick, the stock has been underperforming recently, with a 1-week return of -4.68% and a 1-month return of -6.43%. The stock hit a new 52-week low of Rs.638 today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume falling by 45.73% against the 5-day average. While the company has shown healthy long-term growth with net sales increasing at an annual rate of 31.13%, the recent performance has been marred by a flat PAT in the last quarter and a low debtors turnover ratio, which may contribute to investor concerns.
In the broader market context, Creative Newtech's recent performance contrasts sharply with the Sensex, which has gained 1.83% over the past month. The stock's year-to-date return of -30.13% further highlights its struggles compared to the benchmark's positive 7.68% return. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the stock's valuation or business prospects, potentially influencing its downward trajectory. Overall, while there are positive indicators such as profit growth and attractive valuation metrics, the combination of recent poor performance and declining investor interest points to a challenging environment for Creative Newtech Ltd.