Why is Allied Blenders falling/rising?

As of 23-Jul, Allied Blenders & Distillers Ltd is experiencing a decline in its stock price, currently at Rs 473.95, which reflects a decrease of Rs 10.15 or 2.1%. Today's price summary indicates that the stock has underperformed its sector by 2.22%, with an intraday low of Rs 472.25. The stock has shown a mixed performance over different periods, with a 1-week decline of 4.06% while maintaining a strong 1-month return of 9.86% and a remarkable 59.93% increase over the past year. Despite positive factors such as high management efficiency and consistent growth in operating profit and net profit, the stock's recent movement is impacted by falling investor participation, evidenced by a 35.36% drop in delivery volume compared to the 5-day average.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with a 1-week decline contrasting with the Sensex's slight gain of 0.11%. While the stock has generated substantial returns over the past year, its current valuation appears expensive, which may contribute to investor caution. Additionally, the increase in institutional investor participation could indicate confidence in the company's fundamentals, yet the recent drop in trading volume suggests a potential shift in retail investor sentiment. Overall, the combination of strong long-term growth prospects and recent negative trading activity is influencing the stock's current downward trajectory.