Why is Responsive Ind falling/rising?

As of 30-Jul, Responsive Industries Ltd's stock price is currently at Rs 223.20, reflecting an increase of Rs 3.2 or 1.45%. Today's price summary indicates that the stock has outperformed its sector by 1.07% and has experienced a trend reversal, gaining after five consecutive days of decline. The stock reached an intraday high of Rs 232.55, a rise of 5.7%. However, it is important to note that the stock has underperformed in the longer term, with a year-to-date decline of 10.25% and a one-year drop of 22.78%. Despite this, the company shows a strong ability to service debt with a low Debt to EBITDA ratio of 1.18 times and healthy long-term growth, as evidenced by an annual operating profit growth rate of 63.05%. However, the stock's valuation appears expensive with a ROCE of 14.3 and a PEG ratio of 1.3, which may deter some investors.
In the broader market context, the stock has underperformed relative to the benchmark, with a one-year return of -22.78% compared to the Sensex's slight gain of 0.03%. In the short term, the stock's performance over the past week shows a decline of 6.94%, while the Sensex has only fallen by 1.50%. This indicates that while the stock is experiencing a minor recovery today, it has struggled significantly in the recent past compared to the overall market. Additionally, falling investor participation, as indicated by a 19.63% drop in delivery volume against the five-day average, suggests a lack of confidence among retail investors, which could impact future price movements.