Why is AGI Greenpac falling/rising?

As of 01-Aug, AGI Greenpac Ltd is experiencing a decline in its stock price, currently at Rs 941.90, which represents a decrease of Rs 20.5 or 2.13%. Today's price summary indicates that the stock opened significantly lower, with a gap down of 10.63%, and reached an intraday low of Rs 860.05. The stock has underperformed its sector by 0.26% today, and there has been a notable drop in investor participation, with delivery volume falling by 44.33% compared to the 5-day average. Despite a strong long-term growth outlook, including a 40.81% annual growth in operating profit and positive results over the last four quarters, the stock's recent performance has been impacted by a broader decline in the packaging sector, which has fallen by 2.01%.
In the context of the broader market, AGI Greenpac's short-term performance contrasts with the benchmark Sensex, which has declined by 1.06% over the past week while AGI Greenpac has gained 0.76%. However, the stock's year-to-date performance shows a decline of 16.27%, while the Sensex has increased by 3.15%. Despite the recent downturn, the company has demonstrated strong fundamentals, with institutional investors increasing their stake by 0.51%, indicating confidence in its long-term potential. The stock's attractive valuation, trading at a discount compared to peers, and its significant market cap position within the sector suggest that while current price movements are negative, the underlying fundamentals remain robust.