Why is Alfa Ica (I) falling/rising?

As of 09-Jul, Alfa Ica (India) Ltd is currently priced at 95.00, reflecting a decrease of 1.5, or 1.55%. The stock has been underperforming recently, having fallen for the last four consecutive days, resulting in a total decline of 18.97% during this period. Despite opening with a gain of 2.37% today and reaching an intraday high of Rs 98.79, the stock's performance has been hampered by a significant drop in investor participation, with delivery volume decreasing by 63.98% compared to the five-day average. While the company has reported strong quarterly figures, including the highest net sales and operating profit margins, it has also faced challenges, such as a 14.8% decline in profits over the past year, which may contribute to investor concerns.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -2.93% compared to the Sensex's slight gain of 0.15%. Although Alfa Ica has shown impressive long-term returns, outperforming the BSE500 over the past three years, the recent decline in stock price and weak long-term fundamentals, such as a high Debt to EBITDA ratio and low growth in net sales, suggest that investors may be cautious. This combination of factors indicates that while the stock has potential, current market sentiment is negatively influenced by its recent performance and fundamental weaknesses.