Why is Alfa Ica (I) falling/rising?

As of 11-Jul, Alfa Ica (India) Ltd is experiencing a decline in its stock price, currently at Rs 94.00, which reflects a decrease of Rs 2.0 or 2.08%. Today's performance indicates that the stock underperformed its sector by 1.19% and opened with a loss of 3.02%, reaching an intraday low of Rs 92.2. The stock has shown a significant drop of 10.68% over the past week, while it has performed positively over the last month with an increase of 11.24%. Despite a strong one-year return of 44.62%, the company's profits have fallen by 14.8%, which may be contributing to investor concerns. Additionally, the stock's delivery volume has decreased significantly, indicating falling investor participation, which could further pressure the stock price.
In the broader market context, the Sensex has only declined by 1.12% over the past week, suggesting that Alfa Ica's recent performance is notably weaker than the overall market. While the stock has outperformed the benchmark over longer periods, its current struggles in the short term, combined with weak long-term fundamental strength indicated by a low Return on Capital Employed (ROCE) and high Debt to EBITDA ratio, may be leading to a negative sentiment among investors. The company's attractive valuation compared to peers and strong net sales figures may not be enough to offset the concerns regarding its profitability and growth potential, contributing to the stock's recent downward movement.