Why is Kaynes Tech falling/rising?

As of 06-Aug, Kaynes Technology India Ltd is experiencing a decline in its stock price, currently at Rs 6,031.55, reflecting a decrease of Rs 290.25 or 4.59%. Today's price summary indicates that the stock has underperformed its sector by 3.75%, with an intraday low of Rs 6,008, representing a drop of 4.96%. Despite this decline, the stock has shown a positive return of 44.30% over the past year, significantly outperforming the market's return of 2.48%. However, the stock's performance over the last month has been negative, with a decrease of 2.06%. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 16.01% compared to the 5-day average, which may contribute to the downward pressure on the stock price.
In the broader market context, while Kaynes Technology has outperformed the benchmark in the long term, its recent short-term performance contrasts with the Sensex, which has seen a slight decline of 1.15% over the past week. The stock's liquidity remains adequate for trading, but the falling delivery volume suggests a potential decrease in investor confidence. Despite the company's strong fundamentals, including a low debt-to-equity ratio and impressive growth in net sales and operating profit, the current market sentiment appears to be weighing on the stock's price, leading to its recent decline.