Why is APL Apollo Tubes falling/rising?

As of 25-Aug, APL Apollo Tubes Ltd is experiencing a decline in its stock price, currently at 1,644.40, reflecting a decrease of 4.1 points or 0.25%. The stock has underperformed its sector by 0.55% today and has been on a downward trend for the last two days, with a total return drop of 0.53% in that period. Despite this recent decline, the stock has shown strong performance over the longer term, with a 1-week return of 2.01%, a 1-month return of 6.69%, and a 1-year return of 15.63%. The stock is currently trading above its 5-day, 20-day, and 200-day moving averages, but below its 50-day and 100-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 54.02% against the 5-day average.
In the broader market context, while the stock has generated a positive return of 15.63% over the past year, the benchmark index, BSE500, has seen negative returns of -2.11%, indicating that APL Apollo Tubes has outperformed the market significantly. The company's strong fundamentals, including a high Return on Capital Employed (ROCE) of 26.81% and a low Debt to EBITDA ratio of 0.34 times, support its long-term growth potential. Furthermore, the increase in institutional holdings by 1.36% over the previous quarter suggests confidence in the company's prospects. However, the recent decline in stock price may be attributed to reduced trading activity and investor participation, which could be impacting market sentiment despite the company's solid financial performance.