Why is APL Apollo Tubes falling/rising?

As of 19-Sep, APL Apollo Tubes Ltd is currently priced at 1,690.00, reflecting a decrease of 10.7 points or 0.63%. The stock has underperformed its sector today by 0.83%, and its delivery volume has fallen by 10.36% compared to the 5-day average, indicating a decline in investor participation. Despite this, the stock has shown strong long-term performance, with a year-to-date return of 7.30% and a one-year return of 18.60%, significantly outperforming the broader market, which has seen negative returns. The company boasts strong fundamentals, including a high Return on Capital Employed (ROCE) of 26.81% and a low Debt to EBITDA ratio of 0.34, which supports its ability to service debt effectively.
Broader Market Context: In the short term, APL Apollo Tubes has underperformed the benchmark Sensex, which has gained 0.88% over the past week, while the stock has declined by 0.76%. This contrast highlights the stock's recent struggles despite its strong long-term growth metrics and institutional support, with holdings at 49.88%. The overall market has generated negative returns of -1.96% in the last year, yet APL Apollo Tubes has managed to achieve a positive return, suggesting that while the stock faces short-term challenges, its long-term outlook remains robust.