Why is 20 Microns falling/rising?

As of 24-Jul, 20 Microns Ltd's stock price is currently at 270.10, reflecting a decrease of 6.8 points or 2.46%. Today's price summary indicates that the stock has underperformed its sector by 1.5% and has experienced a trend reversal after two consecutive days of gains. The stock touched an intraday low of Rs 268.9, showing a decline of 2.89%. Despite this drop, the stock has demonstrated strong performance over various periods, with a 21.23% return over the past year and a remarkable 764.32% increase over the last five years. The company's low Debt to EBITDA ratio of 1.11 times and a return on capital employed (ROCE) of 17.7 suggest a solid ability to service debt, contributing to its attractive valuation compared to peers. However, a notable decline in investor participation, with delivery volume falling by 31.76% against the five-day average, may be influencing the current price movement.
In the broader market context, the stock has outperformed the Sensex over the past week, month, year-to-date, and over the last three years, indicating a strong relative performance. While the Sensex has remained relatively flat with a slight decline of 0.09% over the past week, 20 Microns has achieved a 5.98% increase in the same timeframe. This contrast highlights the stock's resilience and potential despite the recent price drop. The company's consistent returns and ability to outperform the BSE500 in recent years further emphasize its strong market position, although the current decline may reflect short-term profit-taking or reduced trading activity among investors.