Why is Apar Inds. falling/rising?

As of 15-Sep, Apar Industries Ltd is experiencing a decline in its stock price, currently at 8,575.35, reflecting a decrease of 28.75 points or 0.33%. Today's performance indicates that the stock has underperformed its sector by 0.99%, and it has reversed its trend after five consecutive days of gains. In the past week, the stock has shown a return of +9.65%, but it has underperformed over the last month with a return of just +0.05%. Despite a strong long-term growth outlook, with net sales increasing at an annual rate of 23.85% and a low debt-to-equity ratio of 0.01, the stock has faced challenges, including a significant decline of -17.07% over the past year.
Broader market context shows that while the Sensex has increased by 1.24% over the past week and 1.47% over the past month, Apar Industries has lagged behind, particularly in the last year where it has underperformed the broader market, which saw a decline of only -1.33%. The stock's high institutional holdings at 30.86% suggest confidence from larger investors, but the overall negative return in the past year indicates that the market sentiment towards the stock remains cautious. The recent rise in investor participation, with a notable increase in delivery volume, may provide some support, yet the stock's current performance reflects a struggle to maintain momentum amidst broader market gains.