Why is Alpex Solar falling/rising?

As of 20-Oct, Alpex Solar Ltd's stock price is currently at 1,118.10, reflecting a decrease of 30.3 points or 2.64%. The stock has underperformed its sector today by 2.79%, and its delivery volume has fallen by 10.99% compared to the 5-day average, indicating a decline in investor participation. Although the stock has shown a strong year-to-date performance with a return of 31.83%, it has experienced a 12.70% drop over the past month. The company has reported impressive long-term growth metrics, including a 54.10% annual increase in net sales and a 21.9% rise in net profit, but it faces challenges with an expensive valuation and a high PEG ratio of 0.1.
In the broader market context, Alpex Solar's recent performance contrasts sharply with the Sensex, which has gained 2.44% over the past week and 2.04% over the past month. While the stock has outperformed the market over the past year with a return of 19.52%, the recent downturn suggests that short-term pressures are affecting investor sentiment. The stock's current price movement, combined with falling delivery volumes and underperformance relative to the sector, indicates that despite its strong fundamentals, market conditions and investor behavior are contributing to its decline.