Why is TBO Tek falling/rising?

As of 11-Jul, TBO Tek Ltd's stock price is currently at Rs 1,320.00, reflecting a decrease of Rs 29.3 or 2.17%. Today's price summary indicates that the stock touched an intraday low of Rs 1,320, and it has outperformed its sector by 1.65%. However, the stock has seen a significant decline over the past week and year, with returns of -7.49% and -26.15%, respectively. Despite the company's strong long-term fundamentals, including a healthy average Return on Equity (ROE) of 28.30% and substantial growth in net sales and operating profit, the stock's recent performance has been negatively impacted by a drop in investor participation, as evidenced by a 24.76% decrease in delivery volume compared to the 5-day average.
In the broader market context, TBO Tek's performance has lagged behind the benchmark Sensex, which has shown a decline of only 1.12% over the past week. While TBO Tek has a solid market position, being the second largest in its sector with high institutional holdings at 49.49%, the overall travel services sector has faced challenges, reflected by a sector decline of 3.82%. This combination of sector weakness and reduced trading activity has contributed to the stock's downward movement, despite its strong fundamentals and growth potential.