Why is Indo Thai Sec. falling/rising?

As of 21-Jul, Indo Thai Securities Ltd is currently priced at Rs 210.00, showing no change (0.00%). The stock has recently underperformed its sector by 0.86% and is trading lower than its moving averages across various time frames. Despite being 4.77% away from its 52-week high, the stock has demonstrated impressive returns, with a 632.73% increase over the past year, significantly outperforming the BSE500 index, which only returned 1.63%. However, the company is facing challenges, including operating losses and a significant decline in net sales and profit after tax, which have fallen by 24.2% and 179.8%, respectively. Additionally, the stock's high valuation relative to its peers and the absence of domestic mutual fund investment may indicate concerns about its long-term fundamental strength.
In the broader market context, Indo Thai Securities Ltd has outperformed the Sensex in both the short-term and long-term, with a 12.90% return over the past month compared to a slight decline of 0.25% for the benchmark. This strong performance, however, is juxtaposed with the company's weak financial results, which may be causing investor hesitation despite the stock's historical gains. The rising investor participation, indicated by a significant increase in delivery volume, suggests some level of interest, but the overall sentiment may be tempered by the company's operational challenges and high valuation, leading to a cautious outlook among potential investors.