Why is Apollo Micro Sys falling/rising?

As of 16-Jul, Apollo Micro Systems Ltd is experiencing a decline in its stock price, currently at 179.20, which reflects a decrease of 2.15 or 1.19%. The stock has underperformed its sector by 1.25% today and has been on a consecutive downward trend for the last two days, accumulating a total decline of 2.66%. Despite a strong long-term performance with a year-to-date increase of 55.29% and a remarkable 1277.93% rise over the past three years, the stock has shown negative returns of 5.34% over the past week and 8.01% over the past month. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 41.46% compared to the five-day average, which may indicate reduced interest from investors.
In the broader market context, while the Sensex has seen a slight decline of 1.08% over the past week, Apollo Micro Systems' recent performance has been notably worse, suggesting that the stock is struggling relative to the market. The company's strong fundamentals, including consistent positive results over the last seven quarters and healthy growth rates in net sales and operating profit, support a long-term hold strategy. However, the current price movement reflects short-term challenges, including falling investor participation and recent underperformance compared to both its sector and the benchmark indices.