Why is Silver Touch falling/rising?

As of 17-Jul, Silver Touch Technologies Ltd is experiencing a decline in its stock price, currently at 716.80, which reflects a decrease of 11.15 or 1.53%. The stock has underperformed its sector by 0.4% today and has been on a downward trend for the last two days, accumulating a total loss of 1.54%. Despite opening with a gain of 2.75% and reaching an intraday high of Rs 747.95, it also hit a low of Rs 711.2, indicating volatility. Over the past week, the stock has decreased by 2.18%, and over the past month, it has fallen by 8.01%, contrasting with the Sensex, which has shown a slight increase of 0.83% in the same period. Although the company has demonstrated healthy long-term growth with a significant annual increase in operating profit and net profit, the recent price movement suggests that investor sentiment may be cautious, as evidenced by falling delivery volumes and the stock trading below several short-term moving averages.
In the broader market context, the stock's recent performance has been weaker compared to the Sensex, which has gained 5.27% year-to-date, while Silver Touch has only increased by 1.53% in the same timeframe. This underperformance in the short term, coupled with a decline in investor participation, may be contributing to the stock's downward movement. Despite the company's solid fundamentals, including a low debt-to-equity ratio and consistent profit growth over the last 11 quarters, the market's reaction appears to be influenced by the recent price trends and liquidity concerns. Overall, while the company has attractive long-term prospects, the current market dynamics are leading to a decrease in its stock price.