Why is Sanstar falling/rising?

As of 02-Jul, Sanstar Ltd's stock price is currently at 100.20, reflecting a decrease of -0.8, or -0.79%. The stock has been experiencing a downward trend, having lost -4.34% over the last two days. Despite this recent decline, the stock has shown a positive performance over the past week, with a return of +11.00%. However, its year-to-date performance remains negative at -16.36%. The stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, but below its 200-day moving average. Additionally, there has been a rise in investor participation, with a delivery volume increase of 12.77% compared to the 5-day average, indicating some interest despite the recent price drop. The company has a high management efficiency with a return on equity (ROE) of 16.48% and a low debt to EBITDA ratio of 0.62, which suggests a strong ability to service its debt. However, the stock's profits have fallen by -34% over the past year, which may be contributing to the current price decline.
In the broader market context, Sanstar's recent performance contrasts with the benchmark Sensex, which has gained +0.79% over the past week. While Sanstar has outperformed the Sensex in the short term, its year-to-date performance is significantly lagging behind the benchmark's +6.75%. This discrepancy highlights the challenges the company faces, particularly given its negative returns over the year and the decline in profits. The overall market sentiment may also be influencing investor behavior, as the stock's recent losses could deter potential buyers despite its attractive valuation metrics.