Why is Kaynes Tech falling/rising?

As of 28-Aug, Kaynes Technology India Ltd is currently priced at 6,183.00, reflecting a decline of 15.25 points or 0.25%. The stock has been underperforming recently, having lost 0.47% over the last three days and underperformed its sector by 1.55% today. Despite a positive performance over the past month with a return of 12.28%, the year-to-date performance shows a significant decline of 16.60%. The company has demonstrated healthy long-term growth, with net sales and operating profit increasing at annual rates of 53.69% and 56.88%, respectively. However, the recent price movement may be influenced by the stock's consecutive falls and its current position below the 5-day moving averages, despite being above longer-term moving averages.
In the broader market context, the stock has outperformed the benchmark Sensex over the past year, generating a return of 26.74% compared to the benchmark's decline of 2.08%. However, the stock's recent performance contrasts with the broader market, which has seen negative returns of 2.34% over the past week. The rising investor participation, indicated by a significant increase in delivery volume, suggests that there is still interest in the stock, despite its recent price decline. The company's low debt-to-equity ratio and strong market position, constituting 31.18% of its sector, further support its potential for recovery, but the current downward trend may reflect short-term market sentiments or profit-taking by investors.