Why is Le Travenues falling/rising?

As of 02-September, Le Travenues Technology Ltd's stock price is currently at Rs 277.80, reflecting a decline of Rs 19.7 or 6.62%. Today's price summary indicates that the stock has underperformed its sector by 4.28%, with an intraday low of Rs 260.8, marking a significant drop of 12.34%. The stock has experienced high volatility today, with an intraday volatility of 6.93%. Over the past week, the stock has decreased by 2.22%, while it has shown strong performance over the past month and year, with returns of 20.65% and 71.53%, respectively. Positive factors contributing to the stock's resilience include a low debt-to-equity ratio, healthy long-term growth in net sales and operating profit, and high institutional holdings, which have increased by 1.62% over the previous quarter.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has only declined by 0.78% over the past week. Despite the current downturn, Le Travenues has outperformed the market significantly over the past year, generating returns of 71.53% compared to the Sensex's negative return of 2.91%. This suggests that while the stock is facing short-term challenges, its long-term fundamentals remain strong, supported by consistent positive results and rising investor participation.