Why is Sanathan Textile falling/rising?

As of 11-Jul, Sanathan Textiles Ltd is experiencing a decline in its stock price, currently at Rs 531.05, which reflects a decrease of Rs 3.75 or 0.7%. Despite this drop, the stock has shown strong performance in the past week and month, with returns of 8.18% and 15.70%, respectively. The stock is also close to its 52-week high, just 1.69% away from Rs 540. However, today's performance indicates a trend reversal after four consecutive days of gains, with the stock touching an intraday low of Rs 523.1. Notably, the stock is trading above its moving averages and has seen a significant increase in delivery volume, suggesting rising investor participation. Additionally, the company has a low debt-to-equity ratio and an attractive valuation, which may support its price despite the recent decline.
In the broader market context, Sanathan Textiles has outperformed the Sensex, which has seen a slight decline of 1.12% over the past week. The stock's year-to-date return of 44.98% significantly surpasses the Sensex's 5.58% gain, indicating strong relative performance. The increase in institutional investor participation, with a 4.05% rise in their stake, further underscores confidence in the company's fundamentals compared to retail investors. This context suggests that while the stock is currently facing a minor setback, its overall performance remains robust against market trends.