Why is Redington falling/rising?

As of 12-Sep, Redington Ltd's stock price is currently at 243.15, reflecting an increase of 1.05 or 0.43%. The stock has shown a strong performance over the past week, rising by 2.70%, and has outperformed the benchmark Sensex, which increased by 1.48% during the same period. However, today's performance indicates a slight underperformance against its sector by 0.37%. The stock is trading above its 5-day and 20-day moving averages but below its longer-term moving averages (50-day, 100-day, and 200-day). Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 60.94% compared to the 5-day average. Despite these mixed signals, the company exhibits strong long-term fundamentals, including a 17.15% CAGR growth in operating profits and a low debt-to-EBITDA ratio of 0.41 times, which supports its valuation.
In the broader market context, Redington's performance has been impressive, generating a return of 26.74% over the past year while the benchmark BSE500 has seen negative returns of -3.45%. This significant outperformance highlights the company's strong market position, as it constitutes 29.14% of its sector and has high institutional holdings at 79.29%. However, the stock's recent price movement is tempered by concerns over flat results in the latest quarter, with a decline in profit before tax and a decrease in profit after tax compared to previous periods. These factors suggest that while the stock has strong fundamentals and market performance, short-term challenges may be affecting investor sentiment.