Why is Responsive Ind falling/rising?

As of 24-Jul, Responsive Industries Ltd is currently priced at 238.65, reflecting a decrease of 1.2 or 0.5%. The stock has been underperforming, having lost 1.59% over the last two days and is currently lower than its 5-day moving average. In the past week, the stock has declined by 1.08%, while over the past month, it has seen a significant increase of 16.30%. Despite the positive long-term growth indicators, such as a strong operating profit growth rate of 63.05% and a low Debt to EBITDA ratio of 1.18, the stock's recent performance has been hindered by a high valuation and underperformance relative to the market, with a one-year return of -16.48% compared to the benchmark's positive return of 2.54%.
Broader Market Context: In the context of the broader market, the Sensex has only slightly declined by 0.09% over the past week, indicating that the stock's recent drop is not reflective of a wider market trend. The stock's performance has been particularly poor over the last year, where it has significantly underperformed the market, which has generated returns of 0.99%. This underperformance, combined with falling investor participation and a high valuation compared to peers, suggests that market sentiment towards Responsive Industries Ltd is currently negative, contributing to its declining stock price.