Why is Shradha AI Tech falling/rising?

As of 01-Sep, Shradha AI Technologies Ltd is experiencing a decline in its stock price, currently at 40.24, reflecting a decrease of 0.35 or 0.86%. The stock has underperformed its sector by 3.38% today and has been on a downward trend for the last two days, resulting in a total decline of 2.75%. Over the past week, the stock has fallen by 5.32%, and its year-to-date performance shows a significant drop of 27.50%, contrasting with a positive return of 30.36% over the past year. Despite having a low debt-to-equity ratio and strong growth in operating profit and net sales, the recent price movement indicates a lack of investor confidence, as evidenced by a 52.4% drop in delivery volume compared to the five-day average.
Broader market context shows that while the stock has generated a positive return over the past year, the benchmark Sensex has seen a slight decline of 2.43% during the same period. In the short term, the stock's performance has been notably worse than the broader market, with a 1-week return of -5.32% compared to the Sensex's -1.56%. This underperformance, coupled with falling investor participation and a recent trend of consecutive price declines, suggests that market sentiment is currently unfavorable for Shradha AI Technologies Ltd, despite its previously strong financial results.