Why is Datamatics Glob. falling/rising?

As of 08-Aug, Datamatics Global Services Ltd is experiencing a decline in its stock price, currently at Rs 990.15, which reflects a decrease of Rs 89.85 or 8.32%. Today's price summary indicates that the stock has underperformed its sector by 7.52%, with an intraday low of Rs 975.4, representing a drop of 9.69%. Despite the recent downturn, the stock has shown strong performance over longer periods, with a year-to-date increase of 55.06% and a remarkable 1484.24% rise over the past five years. The stock's trading activity suggests a higher volume near its low price, and there has been a notable increase in delivery volume, which rose by 19.6% compared to the five-day average. However, the absence of specific positive or negative factors in the dashboard limits a comprehensive analysis of the stock's recent movement.
In the broader market context, the stock's performance over the past week shows a decline of 1.29%, which is steeper than the benchmark Sensex's decrease of 0.92%. This indicates that Datamatics Global Services Ltd is facing challenges relative to the overall market. While the stock has outperformed the Sensex significantly over the longer term, the recent short-term underperformance may be contributing to the current price decline. The liquidity of the stock remains adequate for trading, as it represents 2% of the five-day average traded value, suggesting that while the stock is facing downward pressure, it still maintains sufficient market activity.