Why is Interglobe Aviat falling/rising?

As of 01-Jul, Interglobe Aviation Ltd's stock price is currently at 5,965.85, reflecting a decrease of 10.85 points or 0.18%. The stock recently reached a new 52-week high of Rs.6019.2 but has experienced a decline after seven consecutive days of gains. Despite this recent drop, the stock has shown strong performance over various periods, with a year-to-date increase of 31.03% and a one-year return of 41.37%. The company has demonstrated high management efficiency, with a return on capital employed (ROCE) of 17.04%, and has reported positive results after two negative quarters, indicating healthy long-term growth. However, it is important to note that while the stock has generated significant returns, its profits have fallen by 11.2%, which may contribute to the current price movement.
In the broader market context, Interglobe Aviation's short-term performance has outpaced the benchmark Sensex, which has increased by 2.00% over the past week compared to the stock's 6.34% rise. This indicates that the stock has been performing well relative to the market. However, the recent decline in the stock price suggests a potential trend reversal, despite the overall positive sentiment and rising investor participation, as evidenced by an 81.56% increase in delivery volume. The stock's liquidity remains strong, allowing for significant trading activity, which may help stabilize its price in the near term.