Why is Sequent Scien. falling/rising?

As of 23-Sep, Sequent Scientific Ltd's stock price is currently at 203.10, reflecting a decrease of 0.5, or 0.25%. The stock has experienced a trend reversal, falling after six consecutive days of gains. Despite this recent decline, it is noteworthy that the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. Over the past week, the stock has risen by 8.64%, and over the past month, it has increased by 15.76%. The company has reported a significant growth in net profit of 93.93% and has declared positive results for the last six consecutive quarters, contributing to its strong performance. Furthermore, the stock is trading at a discount compared to its peers, with a PEG ratio of 0.1, suggesting it may be undervalued.
In the broader market context, the stock's recent performance has outpaced the Sensex, which has seen a slight decline of 0.34% over the past week. While Sequent Scientific Ltd has generated a return of 13.05% over the past year, the Sensex has dropped by 3.33% in the same period, highlighting the stock's resilience and market-beating performance. The rising investor participation, with a delivery volume increase of 34.23% against the 5-day average, further supports the stock's appeal despite the current price drop. Overall, while the stock is experiencing a minor decline, its strong fundamentals and positive market performance suggest a solid position in the market.