Why is Datamatics Glob. falling/rising?

As of 18-Jul, Datamatics Global Services Ltd is currently priced at 767.65, reflecting a decrease of 1.7 points or 0.22%. The stock recently hit a new 52-week high of Rs. 783.3 but has experienced a decline after eight consecutive days of gains. Despite this recent downturn, the stock has shown strong performance over various periods, with a 26.87% increase over the past month and a remarkable 157.95% rise over the last three years. However, it is important to note that while the stock has generated a return of 20.21% over the past year, its profits have fallen by 10.1%, indicating potential concerns about sustainability. Additionally, the stock is trading at a premium compared to its peers, which may contribute to its current price movement.
In the broader market context, Datamatics Global Services Ltd has outperformed the benchmark Sensex, which has seen a decline of 0.90% over the past week while the stock itself has risen by 5.59%. This indicates that the stock is maintaining a strong position relative to the market despite its recent price drop. However, a notable decrease in investor participation, with a 46.11% drop in delivery volume compared to the five-day average, may signal waning interest, which could influence future price movements. Overall, while the stock has shown impressive long-term performance, the recent decline in price and falling investor participation suggest caution among investors.