Why is Elantas Beck falling/rising?

As of 07-Jul, Elantas Beck India Ltd is experiencing a decline in its stock price, currently at 11,400.05, which reflects a decrease of 519.9 or 4.36%. The stock has underperformed its sector by 4.11% today and has been on a downward trend for the last two days, resulting in an overall drop of 8.2% during this period. It opened with a loss of 2.63% and reached an intraday low of Rs 11,380, indicating significant selling pressure. Over the past week, the stock has fallen by 10.27%, contrasting with a modest gain of 1.53% in the Sensex. Despite a positive performance over the last month with an increase of 11.77%, the year-to-date return is negative at -10.94%. The stock's moving averages indicate that it is currently lower than the 5-day and 20-day averages, which may signal bearish sentiment among investors.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has significantly underperformed the Sensex in the short term. While the company boasts a high management efficiency with a return on equity (ROE) of 15.14% and a low debt-to-equity ratio, concerns about its long-term growth persist due to a relatively low annual net sales growth rate of 14.19% over the past five years. Additionally, the company's operating cash flow has reached a low point, and profits have declined by 6% over the past year, despite a positive return of 7.12%. These factors contribute to a perception of the stock as overvalued, leading to increased selling pressure and a decline in investor participation.