Why is Indo Thai Sec. falling/rising?

As of 17-Jul, Indo Thai Securities Ltd is currently priced at 2,051.75, reflecting a decline of 78.2 points or 3.67%. Today's price summary indicates that the stock opened with a gain of 3.15% but has since fallen after three consecutive days of gains, reaching a day's low of Rs 2023.5. Despite a strong performance over the past year with a return of 590.13%, the company is facing significant challenges, including operating losses and a substantial drop in net sales and profit after tax. The stock's valuation appears expensive, trading at a premium compared to peers, and the lack of domestic mutual fund investment suggests a lack of confidence in its long-term fundamentals.
In the broader market context, Indo Thai Securities has outperformed the benchmark Sensex significantly over various periods, including a 14.48% return over the past month compared to the Sensex's 0.83%. However, despite this strong performance, the stock has underperformed its sector today by 1.55%, indicating a shift in investor sentiment. The high volatility observed today, with an intraday volatility of 5.94%, further underscores the uncertainty surrounding the stock, particularly in light of its recent financial results and the weak long-term fundamental strength of the company.