Why is Data Pattern falling/rising?

As of 25-Jun, Data Patterns (India) Ltd is experiencing a decline in its stock price, currently at Rs 2,789.45, which reflects a decrease of Rs 145.55 or 4.96%. The stock has underperformed its sector by 6.54% today and has been on a downward trend for the last two days, accumulating a total loss of 7.85% during this period. Although the stock has shown a positive return of 2.62% over the past month and a significant increase of 329.84% over the last three years, it has also faced challenges, including a 6.21% decline over the past year. The stock's current price is above its 50-day, 100-day, and 200-day moving averages, but below its 5-day and 20-day moving averages, indicating mixed short-term performance. Additionally, the company has a low debt-to-equity ratio and has reported strong growth in net sales, which could support its long-term prospects despite the recent price drop.
In the broader market context, Data Patterns' recent performance contrasts sharply with the Sensex, which has gained 1.61% over the past week. The stock's consecutive declines and underperformance relative to the benchmark suggest investor caution, despite the company's healthy fundamentals and high institutional holdings. The stock's valuation appears expensive, with a price-to-book value of 10.4, which may deter some investors. Furthermore, while the company has shown growth in profits, the negative sentiment surrounding its recent price movements and the overall market performance may be contributing to the current decline in its stock price.