Why is Sanathan Textile falling/rising?

As of 16-Sep, Sanathan Textiles Ltd is experiencing a decline in its stock price, currently at Rs 519.60, which reflects a decrease of Rs 10.4 or 1.96%. Today's price summary indicates that the stock has underperformed its sector by 3.41% and has fallen after five consecutive days of gains, reaching an intraday low of Rs 518.2. Despite this recent downturn, the stock has shown strong performance over the past week and month, with returns of 3.30% and 6.19%, respectively. The company has a low debt-to-equity ratio of 0.06 times and an attractive valuation with a price-to-book value of 2.4, alongside a return on equity of 9.5%. Additionally, institutional investors have increased their stake by 0.52% in the previous quarter, indicating growing confidence in the company's fundamentals.
In the broader market context, Sanathan Textiles' short-term performance has outpaced the benchmark Sensex, which has returned 1.58% over the past week and 2.21% over the past month. However, the stock's recent decline may be attributed to profit-taking after a period of gains, despite the overall positive sentiment from institutional investors. The significant increase in delivery volume suggests rising investor participation, which could provide support for the stock moving forward. Nonetheless, the current price movement reflects a temporary setback in the context of its strong year-to-date performance of 41.85% compared to the Sensex's 5.43%.