Why is Kalpataru Proj. falling/rising?

As of 26-Aug, Kalpataru Projects International Ltd is experiencing a decline in its stock price, currently at 1,264.05, down by 24.35 points or 1.89%. The stock has been losing value for the last two days, with a total drop of 2.86% during this period. It has also touched an intraday low of Rs 1250.45. Despite this recent downturn, the stock has shown a positive performance over the past month, gaining 10.70%, while its year-to-date return is down by 2.66%. Positive financial results, including a 70.71% growth in PAT and a 25.38% increase in net sales over the last six months, suggest strong fundamentals. However, the stock's recent price movement may be influenced by falling investor participation, as evidenced by a 16.31% decrease in delivery volume compared to the five-day average.
In the broader market context, Kalpataru's short-term performance of -0.71% over the past week is slightly better than the benchmark Sensex, which has declined by 1.05% during the same period. This indicates that while the stock is facing challenges, it is performing relatively well compared to the overall market. The company benefits from high institutional holdings at 56.64%, which may provide some stability and confidence in its fundamentals. However, the stock's year-over-year return of -3.05% contrasts with the Sensex's modest decline of 1.12%, highlighting a potential disconnect between the company's strong financial growth and its stock performance.