Why is TBO Tek falling/rising?

As of 21-Jul, TBO Tek Ltd's stock price is currently at Rs 1,401.00, reflecting a decrease of Rs 12.4 or 0.88%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 1.34% during this period. Additionally, the stock touched an intraday low of Rs 1,380, which represents a drop of 2.36%. Despite a positive performance over the past week and month, with returns of 3.10% and 11.35% respectively, the year-to-date performance remains negative at -18.97%. The stock's moving averages indicate it is performing better than the shorter-term averages but is still below the 200-day moving average. Furthermore, there has been a significant decline in investor participation, with delivery volume dropping by 81.66% compared to the 5-day average.
In the broader market context, TBO Tek's recent performance contrasts with the benchmark Sensex, which has shown a slight decline of 0.06% over the past week. While TBO Tek has demonstrated strong long-term fundamentals, including a high return on equity and significant growth in net sales, the recent price movement suggests a lack of immediate investor confidence, possibly exacerbated by the falling delivery volumes. The high institutional holdings at 49.49% indicate that knowledgeable investors are backing the company, but the current liquidity and consecutive price falls may be causing concern among retail investors, leading to the stock's recent decline.