Why is Creative Newtech falling/rising?

As of 25-Sep, Creative Newtech Ltd's stock price is currently at 677.35, reflecting a decrease of 8.7 points or 1.27%. Today's price summary indicates that the stock has outperformed its sector by 0.86%, although it is trading below its 200-day moving average while remaining above its shorter-term moving averages. Over the past week, the stock has shown a positive return of 7.38%, contrasting with its year-to-date performance, which is down by 26.99%. Despite a recent decline in investor participation, with delivery volume dropping by 61.77% against the 5-day average, the company maintains a healthy long-term growth outlook, evidenced by a 34.90% annual growth rate in net sales and a 30.95% increase in operating profit. The stock is considered a hold due to its attractive valuation metrics, including a return on equity of 18.1 and a price-to-book ratio of 3.5, suggesting it is trading at a discount compared to peers.
In the broader market context, Creative Newtech's recent performance contrasts sharply with the benchmark Sensex, which has declined by 2.10% over the past week. While the stock has outperformed the benchmark in the short term, its year-to-date return of -26.99% significantly lags behind the Sensex's positive return of 5.27%. This divergence highlights the stock's volatility and the challenges it faces despite its strong fundamentals and growth potential. The overall market conditions may be influencing investor sentiment, contributing to the stock's current downward movement despite its positive operational metrics.