Why is Sugal & Damani falling/rising?

As of 23-Jun, Sugal & Damani Share Brokers Ltd is experiencing a decline in its stock price, currently at Rs 128.60, which reflects a decrease of 2.62 (-2.0%). The stock has been underperforming, having fallen for three consecutive days, resulting in a total decline of 5.87% during this period. It opened with a loss of 2% today and has not traded outside of this price. Despite this recent downturn, the stock has shown impressive returns over various periods, including a 71.47% increase over the past month and a staggering 347.93% rise over the past year. However, there has been a notable drop in investor participation, with delivery volume decreasing by 49.39% compared to the five-day average, indicating reduced interest in trading the stock.
In the broader market context, Sugal & Damani's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 0.12% over the past week, while Sugal & Damani has risen by 3.77%. This stark contrast highlights the stock's strong performance relative to the market, despite its recent price decline. The company's ability to maintain trading above its moving averages suggests underlying strength, but the falling investor participation and recent consecutive losses may be contributing to the current price drop. Overall, while the stock has shown remarkable growth over time, the recent negative trends in daily performance and investor engagement are impacting its current valuation.