Why is Sanathan Textile falling/rising?

As of 23-Jul, Sanathan Textiles Ltd is experiencing a decline in its stock price, currently at Rs 539.55, which reflects a decrease of Rs 4.85 or 0.89%. The stock has underperformed its sector today by 2.08%, despite being only 4.53% away from its 52-week high of Rs 564. Over the past week, the stock has seen a decline of 1.72%, although it has performed well over the past month with a return of 25.01%. The stock's performance year-to-date is strong at 47.30%. Additionally, the company has a low debt-to-equity ratio and an attractive valuation with a return on equity of 9.5 and a price-to-book value of 2.5. Institutional investors have increased their stake, indicating growing confidence in the company.
In the broader market context, the Sensex has shown a slight gain of 0.11% over the past week, contrasting with Sanathan Textiles' decline. While the stock has outperformed the benchmark significantly over the year-to-date period, the recent underperformance may be attributed to short-term market fluctuations and sector-specific challenges. The substantial increase in delivery volume by 1633.74% suggests rising investor participation, which could indicate a potential rebound if market conditions improve. However, the stock's current decline amidst a generally stable market may reflect profit-taking or adjustments by investors following its strong performance in previous months.