Why is Tega Inds. falling/rising?

As of 08-Jul, Tega Industries Ltd is currently priced at Rs 1,724.00, reflecting a decrease of Rs 32.5 or 1.85%. The stock has recently experienced a trend reversal, falling after eight consecutive days of gains. Despite this decline, Tega Industries has shown strong performance in the past week with a return of 9.62%, significantly outperforming the Sensex, which only increased by 0.02%. The stock is trading above its moving averages across various time frames, indicating a generally positive trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 68.44% compared to the five-day average. The company also boasts high management efficiency, a low debt-to-equity ratio, and strong financial results, including substantial growth in profit before tax and profit after tax.
In the broader market context, Tega Industries' short-term performance has been impressive, with a 9.62% increase over the past week, contrasting sharply with the Sensex's minimal gain. This suggests that while the stock is currently experiencing a decline, it has been part of a broader upward trend in the short term. The high institutional holdings at 20.49% indicate confidence from sophisticated investors, which may provide some stability despite the recent price drop. Overall, while the stock is facing a temporary setback, its strong fundamentals and recent performance suggest a resilient position in the market.