Why is Sanathan Textile falling/rising?

As of 29-Jul, Sanathan Textiles Ltd is experiencing a decline in its stock price, currently at Rs 510.00, which represents a decrease of Rs 10.85 or 2.08%. The stock has been underperforming recently, having fallen consecutively over the last five days, resulting in a total decline of 6.45% during this period. Additionally, the stock's performance today has underperformed its sector by 2.86%. In terms of returns, the stock has seen a 1-week decline of 6.32%, although it has performed better over the past month with an increase of 8.74%. The company has a low Debt to Equity ratio and an attractive valuation with a Price to Book Value of 2.4, which may provide some support for the stock despite its recent price drop.
Broader market context indicates that the Sensex has also faced a slight decline of 1.03% over the past week, suggesting that the broader market conditions are not entirely favorable. However, Sanathan Textiles has outperformed the benchmark significantly on a year-to-date basis, with a return of 39.23% compared to the Sensex's 4.09%. The recent increase in institutional investor participation, with a 0.52% increase in their stake, may indicate a positive outlook for the company, but the current price movement reflects a short-term bearish sentiment amidst broader market challenges.