Why is Apollo Micro Sys falling/rising?

As of 11-Jun, Apollo Micro Systems Ltd is experiencing a decline in its stock price, currently at Rs 192.25, reflecting a decrease of Rs 7.8 or 3.9%. Today's price summary indicates that the stock has underperformed its sector by 3.36%, with an intraday low of Rs 186.45, marking a drop of 6.8%. Despite a strong long-term performance, including a 66.59% increase year-to-date and an impressive 1389.16% rise over the past three years, the recent trading activity shows a significant drop in investor participation, with delivery volume falling by 56.18% against the five-day average. The stock remains above its longer-term moving averages but is below the five-day moving average, suggesting a short-term weakness.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 1.87% over the past week. While Apollo Micro Systems has shown robust growth in net sales and operating profit, alongside consistent returns over the last three years, the current decline may be attributed to short-term market pressures and reduced trading activity. The stock's healthy fundamentals, including a 40.87% growth in PAT and a strong ROCE, indicate potential for recovery, but the immediate market sentiment appears to be weighing on its price.