Why is APL Apollo Tubes falling/rising?

As of 12-Aug, APL Apollo Tubes Ltd is experiencing a slight decline in its stock price, currently at 1,581.70, reflecting a decrease of 1.3 points or 0.08%. The stock has underperformed its sector by 0.41% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 82.12% compared to the 5-day average. Over the past week, the stock has decreased by 1.29%, and over the past month, it has seen a decline of 7.01%, despite a year-to-date increase of 0.43% and a strong annual return of 10.34%.
In the broader market context, while the stock has outperformed the BSE500 index, which has generated negative returns of 2.11% over the last year, its recent short-term performance indicates a struggle against both market trends and sector performance. The company benefits from strong long-term fundamentals, including a high return on capital employed and healthy growth in net sales and operating profit. However, the recent drop in delivery volumes and underperformance against moving averages suggest that investor sentiment may be cautious despite the company's solid financial metrics and high institutional holdings.