Why is Alfa Ica (I) falling/rising?

As of 07-Jul, Alfa Ica (India) Ltd is currently priced at 101.40, reflecting a decrease of 3.84 points or 3.65%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 13.51% during this period. Today, it opened with a loss of 4.84% and reached an intraday low of Rs 98, which is a 6.88% drop. Despite this recent downturn, the stock has shown strong performance over the past year, generating a return of 56.00%, and has outperformed the BSE500 in the long term. However, it is important to note that while net sales and operating profit metrics are at their highest, the company's profits have decreased by 14.8%, which may be contributing to the current price decline.
In the broader market context, the stock's short-term performance has been notably better than the benchmark, with a 15.24% increase over the past week compared to a slight decline of 0.20% in the Sensex. Despite the recent price drop, Alfa Ica has demonstrated significant long-term growth, with a 361.96% increase over the last five years, contrasting sharply with the benchmark's 127.52% rise. This indicates that while the stock is currently facing challenges, its historical performance suggests resilience and potential for recovery, especially given its attractive valuation compared to peers and rising investor participation.