Why is Apcotex Industri falling/rising?

As of 22-Sep, Apcotex Industries Ltd's stock price is currently at Rs 410.75, reflecting a decline of Rs 10.4 or 2.47%. The stock has underperformed its sector by 3.89% today and has experienced a trend reversal, falling after three consecutive days of gains. It touched an intraday low of Rs 406.75, which is a decrease of 3.42%. Despite this decline, the stock has shown positive returns over the past week and month, with increases of 0.67% and 4.25%, respectively. However, the stock has a negative return of 6.10% over the past year, while its profits have risen by 3.3%. The company maintains a low Debt to EBITDA ratio of 0.64 times, indicating a strong ability to service debt, and has demonstrated healthy long-term growth with net sales increasing at an annual rate of 28.47%.
In the broader market context, Apcotex Industries' short-term performance has outpaced the benchmark Sensex, which has risen by 0.46% over the past week and 1.05% over the past month. However, the stock's recent decline may be attributed to falling investor participation, as evidenced by a significant drop in delivery volume by 70.23% against the 5-day average. Despite being the second-largest company in its sector and trading at a discount compared to its peers, the stock's liquidity remains adequate for trading. Overall, while the company shows potential for growth and profitability, the current price movement reflects a combination of recent underperformance and reduced investor interest.