Why is Tega Inds. falling/rising?

As of 03-Sep, Tega Industries Ltd is currently priced at 1,990.45, experiencing a decline of 7.55 points, which represents a decrease of 0.38%. The stock has shown a trend reversal, falling after three consecutive days of gains. Despite this recent decline, Tega Industries has performed well over the past week and month, with returns of 8.51% and 5.52%, respectively. The stock is trading above its moving averages across various time frames, indicating a generally positive trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 284.83% compared to the five-day average. The company boasts a high management efficiency with a return on capital employed (ROCE) of 19.37%, a low debt-to-equity ratio of 0.04, and strong institutional holdings at 20.13%, all of which contribute positively to its fundamentals.
In the broader market context, Tega Industries has outperformed the Sensex over various periods, including a year-to-date return of 26.80% compared to the Sensex's 3.11%. However, the stock has underperformed its sector by 1.08% today, which may have contributed to the current price decline. Despite the recent drop, the stock's consistent returns over the last three years and its ability to outperform the BSE500 in each of the last three annual periods suggest a resilient performance relative to the market. Overall, while Tega Industries is experiencing a short-term decline, its strong fundamentals and historical performance indicate a solid position in the market.