Why is Alfa Ica (I) falling/rising?

As of 24-Jul, Alfa Ica (India) Ltd is currently priced at 93.90, reflecting a decrease of 0.6 or 0.63%. Today's performance indicates that the stock has underperformed its sector by 2.35%. Despite being higher than the 5-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 20-day moving average. The stock has shown a positive return of 2.39% over the past week and 4.92% over the past month, but it has a year-to-date decline of 3.10%. Although the company reported its highest net sales and operating profit margins recently, its profits have fallen by 14.8% over the past year, which may contribute to the current downward price movement.
In the broader market context, the Sensex has experienced a slight decline of 0.09% over the past week, while Alfa Ica's performance has been more favorable in the same period. However, the stock's liquidity appears to be decreasing, with a significant drop in delivery volume compared to the 5-day average. This decline in investor participation could be a factor in the stock's recent price drop. Overall, while Alfa Ica has demonstrated strong returns over the past year and consistent performance over the last three years, the current negative sentiment may be influenced by falling profits and reduced trading activity.