Why is Apollo Micro Sys falling/rising?

As of 23-Jul, Apollo Micro Systems Ltd is experiencing a decline in its stock price, currently at Rs 181.15, which reflects a decrease of Rs 2.65 or 1.44%. Today's price summary indicates that the stock has underperformed its sector by 1.25% and has fallen after two consecutive days of gains, touching an intraday low of Rs 179.4. Despite this short-term decline, the stock has shown impressive long-term performance, with a year-to-date increase of 56.98% and a remarkable 1232.48% rise over the past three years. The company has consistently reported positive results, with net sales growing at an annual rate of 28.98% and operating profit at 39.77%, which supports a healthy long-term growth outlook.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has only increased by 0.11% over the past week. While Apollo Micro Systems has outperformed the Sensex significantly in the long term, its recent 1-month decline of 15.55% stands in stark contrast to the Sensex's 1.01% gain. This divergence may reflect short-term market volatility or profit-taking after substantial gains. However, the rising investor participation, indicated by a 76.51% increase in delivery volume, suggests that there remains strong interest in the stock, which could stabilize its price in the future.