Why is TBO Tek falling/rising?

As of 28-Jul, TBO Tek Ltd's stock price is currently at 1,363.10, reflecting a decline of 32.8 points or 2.35%. The stock has been underperforming, having fallen consecutively for the last three days, with a total drop of 5.01% during this period. Today's performance indicates that it has underperformed its sector by 2.75%. Additionally, the stock's returns over the past week and month are negative at -2.71% and -2.17%, respectively, while year-to-date, it has seen a significant drop of 21.16%. Despite these declines, the company maintains strong long-term fundamentals, with a robust average Return on Equity (ROE) of 28.30% and impressive growth in net sales and operating profit. High institutional holdings at 49.29% suggest that knowledgeable investors are backing the stock, although this has not translated into recent price stability.
Broader market context shows that TBO Tek's recent performance has been worse than the benchmark Sensex, which has declined by only 1.59% over the past week and 3.77% over the past month. The stock's year-to-date performance is particularly concerning, as it has dropped significantly while the Sensex has gained 3.52%. This disparity indicates that while the broader market may be recovering, TBO Tek is struggling to maintain investor confidence, despite its strong fundamentals and liquidity. The stock's current price movement reflects a combination of short-term challenges and a lack of momentum in the face of broader market trends.