Why is Creative Newtech falling/rising?

As of 13-Aug, Creative Newtech Ltd's stock price is currently at 628.05, reflecting a decline of 13.45 or 2.1%. The stock has underperformed today, with a performance that is 2.29% lower than its sector. It is also close to its 52-week low, being only 4.16% away from Rs 605.1. The stock's recent performance shows a mixed picture; while it has gained 0.39% over the past week, it has declined by 2.29% over the last month and has an overall year-to-date drop of 32.31%. Additionally, the stock's delivery volume has significantly decreased by 49.75% compared to the 5-day average, indicating falling investor participation. Despite a healthy long-term growth rate in net sales and operating profit, the stock's recent movement is negatively impacted by flat results in June and a low debtors turnover ratio, which may raise concerns among investors.
In the broader market context, Creative Newtech's performance has been notably weaker compared to the benchmark, with a year-to-date return of -32.31% against the Sensex's gain of 4.12%. Over the past year, the stock has generated a return of -8.04%, consistently underperforming against the BSE500 in each of the last three annual periods. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the stock's valuation or business prospects. This consistent underperformance, coupled with the stock trading at a discount compared to its peers, contributes to the negative sentiment surrounding Creative Newtech Ltd.