Why is Transrail Light falling/rising?

As of 16-Jul, Transrail Lighting Ltd's stock price is currently at Rs 776.45, reflecting a decrease of Rs 4.85 or 0.62%. The stock has recently hit a new 52-week high of Rs 795.55 but has fallen after two consecutive days of gains. Today's performance shows that it underperformed its sector by 0.39%, with an intraday low of Rs 759.15, indicating a decline of 2.84%. Despite this drop, the stock has demonstrated strong performance over the past month, with a return of 20.29%, and a year-to-date increase of 42.80%. The company has shown robust financial health, with a high return on capital employed (ROCE) of 34.87% and a low debt to EBITDA ratio of 0.69 times, which supports its ability to service debt. Additionally, mutual funds have increased their holdings, now owning 2.51% of the company, reflecting positive sentiment among institutional investors.
In the broader market context, Transrail Lighting Ltd's short-term return of 1.56% over the past week contrasts with the Sensex, which has declined by 1.08% during the same period. This indicates that the stock has outperformed the benchmark index recently. However, the overall market sentiment may be affecting the stock's current price movement, as it has faced a slight downturn despite its strong fundamentals and positive growth indicators. The increase in delivery volume by 94.3% against the 5-day average suggests rising investor participation, which could provide support for the stock in the near term.