Why is Suditi Industrie falling/rising?

As of 02-Jul, Suditi Industries Ltd's stock price is currently at Rs. 62.05, reflecting a decrease of Rs. 2.3 or 3.57%. The stock has recently experienced a trend reversal, falling after eight consecutive days of gains. Despite this decline, it reached a new 52-week high of Rs. 67.55 earlier in the day, indicating strong performance in the short term. The stock has shown impressive returns, with a 347.05% increase over the past year and a 30.55% rise year-to-date. Positive financial results, including a 195.42% growth in net sales and consistent profitability over the last three quarters, have contributed to its strong performance, although it underperformed its sector by 3.79% today.
In the broader market context, Suditi Industries has outperformed the Sensex significantly in both the short and long term, with a 10.57% increase over the past week compared to the Sensex's 0.79% rise. This strong relative performance highlights the stock's resilience despite today's decline. The stock's liquidity remains healthy, and rising investor participation suggests continued interest, which may support future price recovery. Overall, while the stock is currently experiencing a pullback, its long-term growth trajectory and positive financial indicators suggest a solid foundation for potential recovery.