Why is Panth Infinity falling/rising?

As of 30-Jul, Panth Infinity Ltd's stock price is currently at Rs 11.08, reflecting a decline of 1.23 (-9.99%). Today's performance indicates that the stock has underperformed its sector by 10.14%, marking a trend reversal after five consecutive days of gains. The stock reached an intraday low of Rs 11.08 and exhibited high volatility with an intraday fluctuation of 5.78%. Despite this decline, the stock has shown strong performance over the past week and month, with returns of 41.51% and 48.92%, respectively. The company has reported significant growth in net profit and positive results over the last four quarters, contributing to a very attractive valuation with a return on equity of 26.2 and a PEG ratio of 0. However, the recent drop in stock price may be attributed to profit-taking after a period of strong gains.
In the broader market context, while the stock has outperformed the benchmark Sensex over various periods, including a remarkable 61.75% return over the past year compared to the benchmark's negligible growth, the recent downturn reflects a contrast to the overall positive trajectory. The BSE500 has generated negative returns of -2.34% in the last year, yet Panth Infinity's performance has been market-beating. The current decline may be a natural correction following its substantial gains, as investors reassess their positions in light of the stock's recent volatility and performance metrics.