Why is Orbit Exports falling/rising?

As of 30-Jun, Orbit Exports Ltd is experiencing a decline in its stock price, currently at Rs 213.00, which reflects a decrease of Rs 12.2 or 5.42%. Today's price summary indicates that the stock has underperformed its sector by 6.26% and has fallen after three consecutive days of gains. The stock touched an intraday low of Rs 213, and the weighted average price suggests that more volume was traded closer to this low price. Despite this decline, Orbit Exports has shown strong performance over the past week and month, with returns of 22.13% and 23.62%, respectively. The company maintains a low debt-to-equity ratio and a reasonable return on equity, contributing to its fair valuation, although it is trading at a premium compared to its peers.
In the broader market context, while Orbit Exports has outperformed the benchmark Sensex in the long term, its recent performance has not matched the benchmark's gains in the short term. The Sensex has increased by 2.09% over the past week, while Orbit Exports has surged by 22.13%, indicating a strong relative performance. However, the recent drop in stock price may reflect profit-taking after its substantial gains, alongside a notable increase in investor participation, as evidenced by a significant rise in delivery volume. Overall, while the stock has shown resilience and long-term growth, the current decline may be attributed to short-term market corrections and profit-taking behavior among investors.