Why is Alpex Solar falling/rising?

As of 29-Sep, Alpex Solar Ltd's stock price is currently at 1,160.70, reflecting a decrease of 37.45 points or 3.13%. Today's performance indicates that the stock has underperformed its sector by 3.69%. While the stock is trading higher than its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. Over the past week, the stock has seen a decline of 7.47%, contrasting with a year-to-date increase of 36.85% and a one-year return of 48.81%, showcasing its strong long-term growth despite recent volatility. The company has reported healthy long-term growth metrics, including a 54.10% annual increase in net sales and a 21.9% growth in net profit, which has contributed to its positive performance in the market.
In the broader market context, the stock's recent decline occurs amidst a backdrop where the benchmark Sensex has also faced challenges, with a 2.25% decline over the past week. Despite the stock's recent downturn, it has significantly outperformed the broader market over the past year, where the BSE500 has generated negative returns of -7.50%. This suggests that while Alpex Solar is experiencing short-term pressures, its strong fundamentals and previous performance indicate resilience and potential for recovery in the long term.