Why is Alufluoride falling/rising?

As of 18-Jul, Alufluoride Ltd's stock price is currently at 427.35, reflecting a decrease of 11.15 points or 2.54%. The stock has recently underperformed its sector by 1.51% and has experienced a trend reversal, falling after three consecutive days of gains. It touched an intraday low of Rs 425, which is a decline of 3.08%. Over the past week, the stock has shown a positive return of 1.63%, and for the month, it has increased by 7.75%. However, it has a year-to-date decline of 10.97% and a one-year drop of 11.92%. Despite a high management efficiency indicated by a ROCE of 21.91% and a low Debt to EBITDA ratio of 0.66, the stock's recent performance has been negatively impacted by a significant drop in PAT for the quarter, which fell by 71.9%.
In the broader market context, while the Sensex has shown a slight decline of 0.90% over the past week, Alufluoride's performance has been more favorable in the short term. However, its one-year return of -11.92% starkly contrasts with the market's negative return of only -0.36%, indicating a substantial underperformance. The stock is trading at a discount compared to its peers, which suggests potential for recovery, but the recent negative earnings report and lower ROCE have raised concerns among investors. Overall, the combination of these factors has contributed to the stock's current downward movement.