Why is EMS falling/rising?

As of 08-Sep, EMS Ltd's stock price is currently at 571.60, reflecting a decrease of 4.2 points or 0.73%. The stock has shown a mixed performance recently, with a 7.23% increase over the past week, but a decline of 1.60% over the past month. Today's trading saw the stock reach an intraday high of Rs 593.9, indicating some volatility. Despite a significant increase in delivery volume by 470.28% compared to the 5-day average, the stock underperformed its sector by 0.56%. The company has a low debt-to-equity ratio and has experienced healthy long-term growth in net sales, but recent quarterly results have shown a decline in profit before tax and profit after tax, which may be contributing to the current price drop.
In the broader market context, while EMS Ltd has outperformed the Sensex with a 7.23% return over the past week, it has significantly underperformed over the longer term, with a year-to-date decline of 32.75% compared to the Sensex's gain of 3.39%. The stock's performance has been below par both in the near term and long term, with a negative return of 29.65% over the past year. Additionally, the low stake held by domestic mutual funds may indicate a lack of confidence in the stock's current valuation, further impacting its price movement. Overall, the combination of disappointing quarterly results and underperformance relative to benchmarks is likely contributing to the stock's decline.