Why is Resonance Speci. falling/rising?

As of 11-Aug, Resonance Specialities Ltd is currently priced at 102.20, reflecting a decrease of 0.8, or 0.78%. The stock has underperformed its sector today by 1.82% and has experienced a consecutive decline over the last two days, resulting in a total drop of 3.17%. In terms of returns, the stock has seen a significant decline of 8.67% over the past week and 10.31% over the past month, although it has shown a year-to-date increase of 5.25%. Despite these recent declines, the company has reported positive financial results over the last four quarters, including a 30.02% growth in net sales and a 129.2% increase in profits over the past year, which may suggest underlying strength. However, the stock's liquidity has decreased, with a notable drop in delivery volume, indicating reduced investor participation.
In the broader market context, the stock's short-term performance has been considerably worse than the benchmark Sensex, which has only declined by 0.51% over the past week and 2.30% over the past month. This stark contrast highlights the stock's recent struggles despite its positive financial indicators and low debt-to-equity ratio. The stock's current trading price is also below its 5-day, 20-day, and 50-day moving averages, which may further contribute to negative sentiment among investors. Overall, while the company has demonstrated strong fundamentals, the recent price movement reflects a combination of declining investor interest and underperformance relative to the broader market.