Why is Kernex Microsys. falling/rising?

As of 17-Jul, Kernex Microsystems (India) Ltd is experiencing a decline in its stock price, currently at Rs 1,133.00, which reflects a decrease of Rs 26.3 or 2.27%. The stock has underperformed its sector by 0.71% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.08%. The stock reached an intraday low of Rs 1,127, indicating a significant drop of 2.79%. Over the past week, the stock has decreased by 3.98%, and its year-to-date performance shows a decline of 15.82%, contrasting sharply with its impressive one-year return of 121.20%. Despite the recent downturn, the company has reported strong long-term growth, with net sales increasing at an annual rate of 66.39% and a remarkable net profit growth of 355.6%, which has led to positive results over the last four consecutive quarters.
In the broader market context, the Sensex has declined by only 1.12% over the past week, indicating that Kernex Microsystems is underperforming relative to the benchmark. The stock's recent struggles are compounded by a decrease in investor participation, as evidenced by an 11.27% drop in delivery volume compared to the five-day average. Although the stock has shown consistent returns over the last three years, outperforming the BSE500 in each of the last three annual periods, the current negative momentum and falling liquidity may be contributing to the recent price decline.