Why is Technocraf.Inds. falling/rising?

As of 14-Jul, Technocraft Industries (India) Ltd is experiencing a decline in its stock price, currently at Rs 3,106.50, which represents a decrease of Rs 68.5 or 2.16%. The stock has underperformed its sector by 2.13% today and has been on a consecutive downward trend for the last two days, accumulating a total decline of 4.88%. Despite this short-term drop, the stock has shown strong performance over the longer term, with a year-to-date increase of 12.96% and a remarkable 230.22% rise over the past three years. The company maintains a high management efficiency with a return on capital employed (ROCE) of 15.87% and a low debt-to-EBITDA ratio of 1.05, indicating a strong ability to service its debt.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has only declined by 1.42% over the past week. While Technocraft Industries has outperformed the Sensex over the past month and year, its current short-term performance is lagging behind, contributing to the recent price drop. The stock's liquidity remains adequate, with a significant increase in delivery volume, suggesting rising investor participation despite the recent price decline. Overall, while the company has demonstrated consistent returns and strong fundamentals, the recent price movement reflects short-term market pressures rather than a fundamental deterioration in its business prospects.