Why is Smruthi Organic falling/rising?

As of 11-Sep, Smruthi Organics Ltd's stock price is currently at Rs 151.00, reflecting a decline of Rs 11.00 or 6.79%. The stock has underperformed its sector by 7.26% today, following a trend reversal after two consecutive days of gains. It reached an intraday low of Rs 147, indicating a significant drop of 9.26%. Despite this decline, the stock has shown strong performance over the past week, with a return of 33.51%, and has been trading above its moving averages across various time frames. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 877.92% against the five-day average, suggesting heightened interest despite the current price drop.
In the broader market context, while Smruthi Organics has experienced a substantial increase in its stock price over the past week and year-to-date, the Sensex has only increased by 1.03% and 4.36%, respectively. This indicates that the stock's recent volatility and decline are not reflective of broader market trends, as it has significantly outperformed the benchmark in the short term. However, the stock's performance over the last three years has been negative at -18.49%, contrasting sharply with the Sensex's positive return of 36.38%, which may contribute to investor caution. Overall, while the stock has shown strong short-term gains, today's decline suggests a correction amidst high volatility and a potential shift in investor sentiment.