Why is Zaggle Prepaid falling/rising?

As of 04-Aug, Zaggle Prepaid Ocean Services Ltd is currently priced at 373.15, reflecting a decrease of 2.9 points or 0.77%. The stock has been underperforming, having lost 5.77% over the last four days and trading below all its moving averages. Additionally, the stock's delivery volume has significantly dropped by 56.58% compared to its five-day average, indicating a decline in investor participation. While the company has shown strong long-term growth with a 52.60% annual increase in net sales and a 57.5% rise in net profit, it faces challenges such as an expensive valuation with a Price to Book Value of 4 and a decrease in institutional investor stakes by 2.56% over the previous quarter.
In the broader market context, Zaggle's short-term performance has been relatively better than the benchmark, with a 1-week return of 1.04% compared to the Sensex's 0.16%. However, over the past month, Zaggle has underperformed with a decline of 11.28%, while the Sensex fell only 2.89%. This disparity highlights the stock's struggles despite its positive long-term fundamentals, suggesting that current market sentiment may be weighing heavily on its price movements.