Why is Him Teknoforg. falling/rising?

As of 16-Jul, Him Teknoforge Ltd's stock price is currently at 213.00, reflecting a decrease of 0.1, or 0.05%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days with a total decline of 4.91%. Despite this recent downturn, the stock has shown a strong performance over the past month, gaining 13.15%, and has outperformed the benchmark Sensex over the past year with a return of 21.30%. However, the stock's delivery volume has significantly decreased by 47.87% compared to the 5-day average, indicating a drop in investor participation. Positive factors include strong quarterly results with the highest net sales and profit after tax recorded, alongside an attractive valuation compared to peers, which may support the stock in the longer term despite its recent price decline.
In the broader market context, Him Teknoforge's short-term performance has been notably weaker than the benchmark, as it has declined by 5.19% over the past week while the Sensex has only fallen by 1.08%. This underperformance may reflect broader market sentiments or sector-specific challenges. However, the stock has consistently generated returns over the last three years, outperforming the BSE500 in each of the last three annual periods, which suggests that while the current price movement is negative, the long-term outlook remains more favorable compared to the overall market trends.