Why is Sandhar Tech falling/rising?

As of 18-Sep, Sandhar Technologies Limited's stock is currently priced at 460.60, reflecting a decrease of 8.35 points or 1.78%. The stock has underperformed its sector today by 1.92% and has experienced a trend reversal after two consecutive days of gains. It reached an intraday low of Rs 453.75, marking a decline of 3.24%. Over the past week, the stock has seen a slight drop of 0.53%, while its performance over the last month shows an increase of 8.63%. Despite a healthy long-term growth rate in operating profit of 42.83%, the stock has faced challenges, including a significant decline of 22.69% over the past year, which contrasts sharply with the 18.2% rise in profits during the same period. The company's debt-equity ratio is at its highest, and negative results reported in June have contributed to investor concerns.
In the broader market context, the Sensex has gained 1.80% over the past week and 2.14% over the last month, indicating that Sandhar Technologies is lagging behind the benchmark. The stock's year-to-date performance shows a decline of 9.79%, while the Sensex has increased by 6.24% during the same timeframe. This underperformance is further highlighted by the stock's negative return of 22.69% over the past year compared to the market's slight decline of 1.96%. The falling investor participation, as evidenced by a 14.01% drop in delivery volume, suggests a lack of confidence among investors, which may be contributing to the stock's current downward movement.