Why is Le Travenues falling/rising?

As of 06-Aug, Le Travenues Technology Ltd is experiencing a decline in its stock price, currently at Rs 226.60, which represents a decrease of Rs 14.2 or 5.9%. The stock has underperformed its sector by 5.12% today and has been on a consecutive downward trend for the last two days, accumulating a total drop of 6.54%. Additionally, the stock touched an intraday low of Rs 224, indicating significant selling pressure. The delivery volume has also decreased by 36.43% compared to the 5-day average, suggesting a reduction in investor participation. While the stock has shown strong performance over the past month and year, with returns of 31.86% and 38.38% respectively, the recent negative movement indicates a shift in sentiment.
In the broader market context, the Sensex has declined by 1.15% over the past week, while Le Travenues has fallen by 1.90%, indicating that the stock's short-term performance is worse than the benchmark. Despite the stock's strong year-to-date performance of 35.08% compared to the Sensex's 3.08%, the recent downturn reflects a potential shift in market dynamics or investor sentiment. The stock remains liquid enough for trading, but the combination of falling investor participation and recent price declines suggests caution among investors.