Why is Apar Inds. falling/rising?

As of 13-Aug, Apar Industries Ltd is experiencing a decline in its stock price, currently at 8,748.70, which reflects a decrease of 49.55 points or 0.56%. The stock has underperformed its sector by 0.65% today and has shown a trend reversal after two consecutive days of gains. In terms of performance over various periods, the stock has fallen by 1.58% over the past week and 15.13% year-to-date, although it has gained 2.58% over the last year. Despite its strong long-term fundamentals, including a low debt-to-equity ratio and high return on capital employed, the recent drop in delivery volume by 28.78% against the five-day average indicates a decrease in investor participation, which may contribute to the stock's current downward movement.
In the broader market context, Apar Industries Ltd's recent performance contrasts with the Sensex, which has remained relatively flat with a change of -0.01% over the past week. While the stock has shown resilience over the long term, outperforming the BSE500 in the last three years, its current short-term performance is lagging behind the benchmark. The company's high institutional holdings at 30.86% suggest that knowledgeable investors still see potential in the stock, but the recent decline in trading volume and the stock's inability to maintain upward momentum may be causing concern among retail investors, leading to the observed price drop.