Why is Sequent Scien. falling/rising?

As of 25-Jul, Sequent Scientific Ltd's stock is currently priced at 173.85, reflecting a decline of 9.4 points or 5.13%. The stock has been underperforming, having fallen for three consecutive days with a total drop of 7.77% during this period. Today's trading saw the stock reach an intraday low of Rs 172.8, and it has been trading below its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains above the 100-day moving average. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 22.35% compared to the 5-day average. Despite a strong growth in net profit and positive results over the last five quarters, the stock's recent performance has not translated into price stability.
In the broader market context, Sequent Scientific's short-term performance has significantly lagged behind the benchmark, with a 1-week return of -7.30% compared to the Sensex's -0.36%. While the stock has shown impressive long-term growth, generating a 21.79% return over the past year, the recent downturn contrasts sharply with the overall market performance, which has been more stable. The stock's decline is occurring despite increasing participation from institutional investors, who have raised their stakes, indicating a potential disconnect between market sentiment and the company's fundamentals.