Why is Thomas Scott falling/rising?

As of 23-Jul, Thomas Scott India Ltd is experiencing a decline in its stock price, currently at Rs 354.00, which reflects a decrease of Rs 12.05 or 3.29%. Today's price summary indicates that the stock has underperformed its sector by 3.31% and has seen a trend reversal after two consecutive days of gains. The stock touched an intraday low of Rs 350, marking a drop of 4.38%. Although the stock remains higher than its 50-day, 100-day, and 200-day moving averages, it is lower than its 5-day and 20-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 47.44% compared to the 5-day average. Despite these short-term challenges, the company has shown strong long-term growth, with net sales increasing at an annual rate of 49.24% and operating profit at 77.19%. The company has also reported positive results for the last nine consecutive quarters, which may provide some support for the stock in the long run.
In the broader market context, the stock's performance over the past week shows a decline of 3.42%, while the benchmark Sensex has increased by 0.11%. This underperformance highlights the stock's struggles in the short term compared to the overall market. However, over the longer term, Thomas Scott has generated impressive returns, with a 43.70% increase over the past year and an extraordinary 820.68% rise over the past three years, significantly outperforming the benchmark. Despite the recent price drop, the company's strong ability to service debt and consistent returns over the years suggest that it may still be a viable investment option for the future.