Why is Endurance Tech falling/rising?

As of 26-Jun, Endurance Technologies Ltd. is experiencing a decline in its stock price, currently at 2,623.95, reflecting a decrease of 141.95 points or 5.13%. Today's price summary indicates that the stock underperformed its sector by 5.46%, opening with a loss of 2.39% and reaching an intraday low of Rs 2,595.90, which is a drop of 6.15%. Despite this downturn, the stock has shown positive performance over the past week and month, with returns of 8.94% and 9.86%, respectively. The company has maintained a low debt-to-equity ratio and has reported positive results for the last six consecutive quarters, including record cash and net sales. However, the stock's recent performance is tempered by its poor long-term growth prospects, as indicated by a modest operating profit growth rate of 7.16% over the last five years.
In the broader market context, while Endurance Technologies has outperformed the Sensex in the short term, with a year-to-date return of 21.78% compared to the Sensex's 7.19%, the current decline suggests a market correction or profit-taking behavior among investors. The stock's high institutional holdings at 23.26% may indicate confidence among sophisticated investors, but the recent price drop could reflect a reassessment of the company's growth potential in light of its stagnant annual returns over the past year. Overall, while the company has strong fundamentals, the immediate market reaction appears to be driven by concerns over its long-term growth trajectory.