Why is Rodium Realty falling/rising?

As of 09-Jul, Rodium Realty Ltd's stock price is currently at 219.95, reflecting a decrease of 3.9, or 1.74%. Today's price summary indicates that the stock has underperformed its sector by 0.43% and has experienced a trend reversal after two consecutive days of gains. It opened significantly lower, with a loss of 4.98%, and reached an intraday high of Rs 231.8 before falling to a low of Rs 212.7. Despite this decline, the stock has shown strong performance over the longer term, with a year-to-date return of 34.94% and a remarkable 153.66% increase over the past year. The company has reported positive financial results, including a net profit growth of 143.79% and consistent positive results over the last three quarters, which supports its attractive valuation and market position.
In the broader market context, Rodium Realty's short-term performance has been notably better than the benchmark, with a 5.31% increase over the past week compared to a mere 0.15% rise in the Sensex. However, the stock's current decline may be attributed to falling investor participation, as indicated by an 88.11% drop in delivery volume compared to the five-day average. While the stock has outperformed the BSE500 over the last three years, one-year, and three-month periods, the recent price drop suggests a potential market correction or profit-taking by investors after a significant rally.