Why is Endurance Tech falling/rising?

As of 08-Jul, Endurance Technologies Ltd. is experiencing a decline in its stock price, currently at 2,620.20, reflecting a decrease of 41.95 points or 1.58%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 9.18% over that period. Today's trading saw the stock reach an intraday low of Rs 2606, and the volume traded was notably lower than average, indicating a decrease in investor participation. Despite the company’s positive financial indicators, such as a low debt-to-equity ratio and strong cash reserves, the stock's performance over the past year has been negative at -2.26%, which contrasts with a profit increase of 21.5%. This suggests that while the fundamentals are solid, the market sentiment may not be reflecting this strength.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, while Endurance Technologies has significantly underperformed relative to this benchmark. The stock's recent struggles may be attributed to a combination of falling investor interest and a lack of momentum, as evidenced by the lower delivery volume and the stock trading below its short-term moving averages. Although the company has high institutional holdings, which typically indicate confidence in its fundamentals, the overall market conditions and the stock's recent performance suggest a cautious outlook among investors.