Why is Kaynes Tech falling/rising?

As of 23-Oct, Kaynes Technology India Ltd is experiencing a decline in its stock price, currently at Rs 6,690.00, reflecting a decrease of Rs 178.55 or 2.6%. Today's price summary indicates that the stock has underperformed its sector by 1.84%, with an intraday low of Rs 6,632.9, marking a drop of 3.43%. The stock's performance over the past week shows a decline of 4.32%, and over the past month, it has decreased by 7.57%. Despite a strong annual return of 22.29%, the recent trend is concerning, particularly with falling investor participation, as evidenced by a significant drop in delivery volume by 70.27% against the 5-day average. The stock is trading above its 100-day and 200-day moving averages but below its shorter-term moving averages, indicating mixed signals.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 1.30% over the past week and 2.99% over the past month. This underperformance may be attributed to the declining investor interest and liquidity issues, despite the company's strong fundamentals, such as a low debt-to-equity ratio and impressive growth in net sales and operating profit. Additionally, the high institutional holdings of 34.37% suggest confidence in the company's long-term prospects, but the recent price movement indicates that market sentiment may be shifting. Overall, while Kaynes Technology has demonstrated strong historical performance, current trends suggest a cautious outlook as it faces challenges in the short term.