Why is Apcotex Industri falling/rising?

As of 23-Sep, Apcotex Industries Ltd is experiencing a decline in its stock price, currently at 406.05, which reflects a decrease of 5.55 or 1.35%. The stock has underperformed its sector by 2.27% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.59% during this period. Although the stock has shown positive returns over the past week and month, with increases of 0.76% and 3.06% respectively, it has struggled over the longer term, evidenced by a 7.29% decline over the past year and a significant 34.65% drop over the past three years. Additionally, the stock's delivery volume has decreased dramatically, falling by 88.68% compared to the five-day average, indicating reduced investor participation.
In the broader market context, Apcotex's recent performance contrasts with the Sensex, which has seen a slight decline of 0.34% over the past week. Despite the stock's current struggles, it has demonstrated strong fundamentals, including a low Debt to EBITDA ratio of 0.64 times and impressive growth in net sales and operating profit. The company’s fair valuation and strong ability to service debt suggest potential for recovery, although the recent price movements indicate a cautious sentiment among investors. The stock's performance relative to its peers, along with its significant market capitalization and sales contribution to the sector, positions it as a notable player, but current trends reflect a challenging environment that may be impacting investor confidence.