Why is Active Clothing falling/rising?

As of 04-Jul, Active Clothing Co Ltd is currently priced at Rs 139.00, reflecting a decrease of Rs 3.7 or 2.59%. Today's price summary indicates that the stock has underperformed its sector by 3.41% and has experienced a trend reversal after three consecutive days of gains, touching an intraday low of Rs 136.5, which represents a decline of 4.34%. Despite this short-term drop, the stock has shown strong performance over longer periods, with a 1-week return of 6.60%, a 1-month return of 24.61%, and a year-to-date return of 28.11%. The company has reported healthy long-term growth, with a significant annual increase in operating profit and net profit, which were up by 50.42% and 170.9%, respectively. This positive financial performance, alongside a consistent history of returns, suggests that the stock's recent decline may be a temporary fluctuation rather than a reflection of underlying weakness.
In the broader market context, while Active Clothing has experienced a decline today, it has outperformed the Sensex, which has seen a slight decrease of 0.74% over the same period. The stock's strong historical performance, including a remarkable 561.90% return over the past three years, indicates a solid position relative to the benchmark. The liquidity of the stock remains adequate, with rising investor participation noted in recent trading volumes. Although the stock is currently facing a short-term setback, its long-term growth prospects and favorable valuation compared to peers suggest that it may recover as market conditions stabilize.