Why is Thangamayil Jew. falling/rising?

As of 18-Sep, Thangamayil Jewellery Ltd's stock price is currently at 2,160.20, reflecting a decrease of 25.7 points or 1.18%. Today's performance indicates that the stock has underperformed its sector by 0.96%. While the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. Additionally, there has been a decline in investor participation, with delivery volume falling by 4.31% compared to the 5-day average. Despite a strong long-term growth trajectory, with net sales and operating profit increasing significantly, the stock has experienced a slight decline in profits over the past year, which may contribute to the current downward price movement.
In the broader market context, the stock's short-term return over the past week is +0.44%, which is notably lower than the Sensex's return of +1.80% during the same period. This underperformance may reflect broader market trends affecting investor sentiment. Although the company has shown high management efficiency and positive results over the last three quarters, the recent drop in stock price could be attributed to a combination of declining investor participation and the stock's recent performance relative to its peers. Overall, while the company has strong fundamentals, the current market dynamics appear to be weighing on its stock price.