Why is TBO Tek falling/rising?

As of 30-Oct, TBO Tek Ltd's stock price is currently at Rs 1,512.00, reflecting a decline of Rs 28.3 or 1.84%. The stock has been underperforming, having lost 6.26% over the last three days and showing a 5.10% decrease over the past week. Today's performance indicates that it has underperformed its sector by 2.07%. Additionally, the stock's delivery volume has decreased by 8.2% compared to the five-day average, suggesting a decline in investor participation. Despite strong long-term fundamentals, including a high Return on Equity (ROE) of 28.30% and significant growth in net sales, the stock has consistently underperformed against benchmarks, with a year-to-date return of -12.55%.
In the broader market context, TBO Tek's recent performance contrasts sharply with the Sensex, which has gained 8.02% year-to-date. The stock's short-term returns have been negative, while the benchmark has shown positive growth, indicating a lack of investor confidence in TBO Tek compared to the overall market. This consistent underperformance over the last three years, coupled with a high valuation and a recent decline in trading volume, suggests that investors may be cautious about the stock's future prospects despite its strong fundamentals.