Why is Le Travenues falling/rising?

As of 08-Aug, Le Travenues Technology Ltd is experiencing a decline in its stock price, currently at Rs 235.05, which represents a decrease of Rs 6.55 or 2.71%. The stock has shown a strong performance over the past month with a return of 36.18%, significantly outperforming the Sensex, which fell by 4.60% during the same period. However, today the stock underperformed its sector by 2.3%, reaching an intraday low of Rs 230.1, which is 4.76% lower than its previous close. Additionally, the stock is currently trading above its moving averages, indicating a generally positive trend, but there has been a notable drop in investor participation, with delivery volume falling by 39.09% compared to the 5-day average.
Broader Market Context: In the short term, Le Travenues has outperformed the Sensex, which has declined by 0.92% over the past week while the stock itself has risen by 2.08%. This indicates that despite the current decline in price, the stock has been resilient compared to the broader market trends. The liquidity of the stock remains adequate for trading, suggesting that while there may be some short-term volatility, the overall market sentiment towards Le Travenues has been positive in the longer term, as evidenced by its year-to-date return of 40.12% compared to the Sensex's 2.20%.