Why is Modison falling/rising?

As of 27-Jun, Modison Ltd's stock price is currently at Rs 171.50, reflecting a decrease of Rs 3.4 or 1.94%. Today's price summary indicates that the stock has underperformed its sector by 2.17% and has experienced a trend reversal after three consecutive days of gains. The stock reached an intraday high of Rs 180, but overall, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a strong performance over the past year, generating a return of 36.00%, the stock has seen a year-to-date decline of 9.33%. The company has demonstrated strong financial health with a low Debt to EBITDA ratio and positive results over the last three quarters, which may support its valuation despite the recent price drop.
Broader market context shows that while Modison's stock has underperformed in the short term, it has outperformed the benchmark Sensex over longer periods, including a 12.24% return over the past month compared to the Sensex's 3.07%. This suggests that while the stock is currently facing downward pressure, it has a history of strong returns and consistent performance relative to broader market indices. The significant increase in delivery volume indicates rising investor participation, which could be a positive sign for future price movements despite the current decline.