Why is Timex Group falling/rising?

As of 01-Jul, Timex Group India Ltd's stock price is currently at 224.25, reflecting an increase of 9.0 or 4.18%. The stock has shown a trend reversal by gaining after four consecutive days of decline, reaching an intraday high of Rs 225.9. Despite a recent downturn, the stock has outperformed its sector by 4.63% today. Over the past week and month, however, it has experienced declines of 14.57% and 14.81%, respectively, although it has generated a substantial return of 44.40% over the past year and 221.51% over the last three years. The company has demonstrated strong financial health, evidenced by a low Debt to EBITDA ratio of 0.44 times and consistent positive quarterly results, including a 47.09% growth in net sales and a 30.5% increase in PAT.
In the broader market context, while Timex Group's recent short-term performance has lagged behind the Sensex, which has gained 2.00% over the past week and 2.76% over the past month, the stock's long-term performance remains robust. It has outperformed the BSE500 over the last three years, one year, and three months, indicating strong investor confidence. The rising investor participation, with a significant increase in delivery volume, suggests that despite recent volatility, there is a positive outlook for the stock, supported by healthy long-term growth prospects.