Why is Elantas Beck falling/rising?

As of 14-Jul, Elantas Beck India Ltd is experiencing a decline in its stock price, currently at Rs 13,700.00, which reflects a decrease of Rs 91.1 or 0.66%. Today's price movement indicates a trend reversal as the stock has fallen after four consecutive days of gains, touching an intraday low of Rs 13,311.1, which is a drop of 3.48%. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 20.17% and 31.96%, respectively. The stock is trading above its moving averages, indicating a generally positive trend, and has seen a significant increase in investor participation, with delivery volume rising by 508.7% against the 5-day average. The company boasts high management efficiency with a return on equity (ROE) of 15.14% and a low debt-to-equity ratio, which supports its stable performance.
In the broader market context, while Elantas Beck has outperformed the Sensex significantly over various periods, including a 22.87% return over the last year compared to the Sensex's 2.15%, the stock's recent decline contrasts with its overall strong performance. The Sensex has shown a slight decrease of 1.42% over the past week, while Elantas Beck's returns have been robust, suggesting that the stock's current drop may be a temporary correction rather than a reflection of broader market weakness. The liquidity of the stock remains sufficient for trading, indicating that investor interest is still present despite the recent price movement.