Why is Reliable Data falling/rising?

As of 25-Jun, Reliable Data Services Ltd is currently priced at Rs 73.78, reflecting a decline of Rs 1.97 or 2.6%. The stock has been underperforming, having fallen consecutively for the last two days with a total drop of 3.83%. Today's trading saw the stock reach a high of Rs 77.5 but ultimately closed lower, indicating a bearish trend. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a lack of upward momentum. Despite the recent price decline, the company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 34.26% and a significant net profit growth of 122.41% reported in March 2025. The stock is currently trading at a discount compared to its peers, which may indicate potential for recovery in the long term.
In the broader market context, Reliable Data's performance over the past week shows a decline of 4.14%, while the Sensex has increased by 1.61%, highlighting a significant underperformance relative to the benchmark. Over the past month, the stock has dropped 10.53%, contrasting sharply with the Sensex's modest gain of 1.27%. This disparity suggests that market sentiment may be unfavorable towards Reliable Data Services Ltd at this time, despite its strong fundamentals and positive financial results in recent quarters. The rising investor participation, indicated by an increase in delivery volume, could signal potential interest from buyers, but the current price movement reflects a cautious market outlook.