Why is Taneja Aerospace falling/rising?

As of 03-Jul, Taneja Aerospace & Aviation Ltd is experiencing a decline in its stock price, currently at 472.45, which reflects a decrease of 9.6 or 1.99%. Today's price summary indicates that the stock has underperformed its sector by 2.01% and has fallen after three consecutive days of gains. Despite this recent downturn, Taneja Aerospace has shown strong performance over the past week, with a return of 10.90%, and a notable increase of 24.33% over the past month. The company has also reported positive financial results, including a 39.09% growth in net profit and the highest cash and cash equivalents in its history, which suggests underlying strength despite the current price drop.
In the broader market context, while Taneja Aerospace's recent performance has been strong relative to the Sensex, which has seen a slight decline of 0.62% over the past week, the stock's year-to-date return of 12.76% still outpaces the benchmark's 6.53%. This indicates that, despite the current price decline, Taneja Aerospace has been performing well overall compared to the market. The stock's liquidity remains adequate for trading, and the rising investor participation, evidenced by a significant increase in delivery volume, suggests continued interest in the stock, which may help stabilize its price in the future.