Why is Garuda Cons falling/rising?

As of 11-Jul, Garuda Construction and Engineering Ltd's stock price is currently at Rs 133.95, reflecting a decrease of Rs 3.75 or 2.72%. Today's price summary indicates that the stock underperformed its sector by 1.51%, with an intraday high of Rs 143.4 and a low of Rs 133.4. Despite this decline, the stock has shown positive performance over the past week and month, with returns of 10.29% and 5.10% respectively. The company has demonstrated strong financial health, with a high return on equity of 22.81% and a low debt-to-equity ratio. Additionally, it has reported positive results for the last two consecutive quarters, with significant growth in net sales and profit after tax, which may provide some support for the stock despite its current decline.
In the broader market context, Garuda's recent performance contrasts with the Sensex, which has seen a slight decline of 1.12% over the past week and a negligible change over the past month. While Garuda's stock has outperformed the benchmark in the short term, the current price drop may reflect broader market sentiments or sector-specific challenges. The stock's liquidity remains strong, with a significant increase in delivery volume, indicating rising investor participation, which could help stabilize its price in the future.