Why is Le Travenues falling/rising?

As of 24-Jun, Le Travenues Technology Ltd is experiencing a decline in its stock price, currently at Rs 163.90, which reflects a decrease of Rs 5.6 or 3.3%. The stock has been underperforming, having fallen consecutively for the last seven days, resulting in a total decline of 12.09% during this period. Today's trading saw the stock reach a high of Rs 173.65 but also dip to a low of Rs 162.45. The stock's performance over the past week shows a significant underperformance compared to the Sensex, which gained 0.58%, while Le Travenues' one-week return is down by 11.09%. Additionally, the stock's delivery volume has decreased by 66.94% compared to the five-day average, indicating falling investor participation.
In the broader market context, while the Sensex has shown positive returns over the past month and year, Le Travenues has not kept pace, with a year-to-date decline of 2.30% compared to the Sensex's gain of 5.01%. Despite the company's healthy long-term growth indicators, such as a 53.20% annual growth rate in net sales and positive results over the last three quarters, the recent price movement suggests that investor sentiment is currently negative. The high institutional holdings at 69.22% may provide some stability, but the stock's recent performance indicates that market participants are reacting more to short-term trends rather than the company's strong fundamentals.