Why is GACM Tech falling/rising?

As of 30-Jun, GACM Technologies Ltd is experiencing a decline in its stock price, currently at 1.02, which reflects a decrease of 0.05 or 4.67%. Today's price summary indicates that the stock has underperformed its sector by 5.19% and has fallen after three consecutive days of gains. Despite this recent downturn, the stock has shown strong performance over the past week and month, with returns of 5.15% and 29.11%, respectively. The company has reported significant growth in net profit and positive results over the last two quarters, which has contributed to rising investor participation, as evidenced by a 96.68% increase in delivery volume. However, the stock is trading at a premium compared to its peers, and while it has generated a slight negative return over the past year, its profits have surged, indicating a potential disconnect between stock price and underlying performance.
Broader market context shows that GACM Technologies Ltd's recent performance contrasts with the benchmark, as the Sensex has only increased by 2.09% over the past week and 2.65% over the past month. This suggests that while GACM has outperformed the benchmark in the short term, the current decline may be a correction following its rapid gains. The broader market's relatively stable performance could be influencing investor sentiment, leading to profit-taking after the stock's significant rise. Additionally, the increase in promoter confidence, with a 4.48% rise in their stake, indicates a positive outlook for the company, which may help stabilize the stock in the longer term despite the current decline.