Why is Alembic falling/rising?

As of 04-Jul, Alembic Ltd's stock price is currently at 119.60, reflecting a slight increase of 0.15 (0.13%). The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it has underperformed its sector by 0.38% today, and the delivery volume has decreased significantly by 45.16% compared to the 5-day average. Despite this, Alembic has been trading above its moving averages across various time frames, indicating a generally positive trend. Over the past week, the stock has risen by 3.73%, while it has gained 8.33% over the past month, showcasing its strong performance relative to the benchmark Sensex, which has declined by 0.74% during the same period.
In the broader market context, Alembic's recent performance contrasts with the Sensex's 3.01% gain over the last month, indicating that while Alembic is performing well in the short term, it is still facing challenges in maintaining investor interest, as evidenced by the falling delivery volumes. The company has a low debt-to-equity ratio and has reported positive results for six consecutive quarters, contributing to a healthy long-term growth outlook. With an annual operating profit growth rate of 142.59% and strong returns over the past three years, Alembic has outperformed the BSE500 in multiple time frames, suggesting that its fundamentals remain solid despite recent volatility.