Why is Datamatics Glob. falling/rising?

As of 08-Sep, Datamatics Global Services Ltd is experiencing a decline in its stock price, currently at 938.25, which represents a decrease of 31.25 or 3.22%. The stock has been underperforming recently, having fallen consecutively for the last two days with a total return of -7.47% during this period. Although it opened the day with a gain of 2.52% and reached an intraday high of Rs 993.95, it also touched a low of Rs 922.8, indicating significant volatility. Over the past week, the stock has declined by 7.83%, while it has shown a strong performance year-to-date with a return of 46.93%. The company maintains a low debt-to-equity ratio, which is a positive factor, and has outperformed the BSE500 over the long term, contributing to its overall market resilience despite recent price drops.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 0.53% over the past week. This underperformance relative to the benchmark highlights the challenges Datamatics Global Services Ltd is facing in the short term. Despite its strong long-term returns, the stock's recent decline suggests that investor sentiment may be influenced by short-term volatility and market conditions. The rising investor participation, indicated by a 23.15% increase in delivery volume, could provide some support, but the current trend indicates a cautious outlook as the stock continues to struggle against the backdrop of a generally positive market.