Why is Endurance Tech falling/rising?

As of 07-Jul, Endurance Technologies Ltd. is experiencing a decline in its stock price, currently at 2,662.15, reflecting a decrease of 125.1 points or 4.49%. The stock has been underperforming, having lost 7.73% over the last four days, and today it reached an intraday low of Rs 2,648.5. Despite positive financial indicators such as a low debt-to-equity ratio and strong cash reserves, the stock's performance has been hampered by falling investor participation, as evidenced by an 80.41% drop in delivery volume compared to the five-day average. Additionally, while the company has shown positive results over the last six quarters, the stock's year-to-date return of 23.56% is overshadowed by a recent annual decline of 2.35%, indicating a mixed sentiment among investors.
In the broader market context, the Sensex has only decreased by 0.20% over the past week, suggesting that Endurance Technologies' decline is more pronounced than the overall market trend. The stock's performance has lagged behind the benchmark, particularly in the short term, where it has underperformed the sector by 4.03%. This disparity highlights the challenges faced by the company despite its solid fundamentals, including high institutional holdings and a favorable return on equity. The combination of recent price declines, reduced trading volume, and a lack of momentum in the stock's performance relative to the market contributes to the current downward trend.