Why is Expo Engineering falling/rising?

As of 04-Sep, Expo Engineering and Projects Ltd is experiencing a decline in its stock price, currently at Rs 96.19, which reflects a decrease of Rs 1.78 or 1.82%. The stock has been underperforming recently, having fallen for the last two consecutive days with a total decline of 1.85%. Despite opening with a gain of 5.44% today and reaching an intraday high of Rs 104.8, it also touched a low of Rs 90.9, indicating high volatility with a wide trading range of Rs 13.9. Over the past week, the stock has shown a strong performance with a return of 14.25%, and it has significantly outperformed the benchmark Sensex over various periods, including a 50.63% return over the last year. Positive factors contributing to the stock's resilience include consistent positive financial results, with net sales growing by 31.27% and an increase in institutional investor participation, which has risen by 5.61%.
In the broader market context, while Expo Engineering has shown impressive returns over the past year, the Sensex has only increased by 3.30% year-to-date, highlighting the stock's strong relative performance. However, the recent decline in price suggests that market sentiment may be shifting, possibly due to profit-taking after a strong run or concerns about short-term volatility. The stock's recent underperformance against its sector by 1.01% today may also reflect broader market dynamics that are affecting investor confidence. Overall, while the company has demonstrated solid fundamentals and consistent returns, the current price movement indicates a temporary setback in the face of heightened volatility and market conditions.