Why is Nazara Technolo. falling/rising?

As of 02-September, Nazara Technologies Ltd is experiencing a decline in its stock price, currently at 1,158.15, reflecting a decrease of 5.25 points or 0.45%. Today's price summary indicates that the stock has underperformed its sector by 0.52% and has seen a trend reversal after four consecutive days of gains. Additionally, the stock's delivery volume has significantly decreased by 51.75% compared to the five-day average, suggesting falling investor participation. Despite this decline, the company has shown strong financial performance in its latest quarterly results, with net sales growing by 22.9% and the highest recorded profit after tax, which may provide some support for the stock's valuation. The company also maintains a low debt-to-equity ratio and high institutional holdings, indicating a stable financial position and confidence from larger investors.
In the broader market context, Nazara Technologies has outperformed the benchmark index, the Sensex, over the past year, achieving a return of 26.31% compared to the Sensex's decline of 2.91%. However, in the short term, the stock has increased by 2.15% over the past week while the Sensex has fallen by 0.78%. This indicates that while the stock has shown resilience in the longer term, recent price movements reflect a temporary setback amidst declining investor interest and market volatility.