Why is Acme Resources falling/rising?

As of 01-Jul, Acme Resources Ltd's stock price is currently at Rs 41.02, reflecting a decrease of Rs 1.29 or 3.05%. Today's price summary indicates that the stock has underperformed its sector by 2.91% and has experienced a trend reversal after two consecutive days of gains, touching an intraday low of Rs 40.2, which represents a decline of 4.99%. Despite a strong performance over the past year with a return of 22.67%, the company is facing challenges such as operating losses and weak long-term fundamental strength, with net sales declining at an annual rate of 7.17%. The stock is trading at a premium compared to its peers, which may contribute to the recent price decline.
In the broader market context, Acme Resources has shown a short-term return of 2.29% over the past week, which is slightly better than the Sensex's return of 2.00%. However, the stock's year-to-date performance is significantly weaker, with a decline of 15.63% compared to the Sensex's gain of 7.11%. This disparity highlights the stock's struggles despite its historical performance over longer periods, suggesting that current market conditions and company fundamentals are weighing heavily on investor sentiment.