Why is Apollo Micro Sys falling/rising?

As of 25-Jul, Apollo Micro Systems Ltd is currently priced at 172.30, reflecting an increase of 0.5 (0.29%). The stock has shown a trend reversal, gaining after two consecutive days of decline. Notably, it has outperformed its sector by 1.22% today, with a significant rise in delivery volume, which increased by 154.53% against the 5-day average. Despite a 12.72% decline over the past month, the stock has demonstrated strong long-term growth, with a year-to-date increase of 49.31% and a remarkable 1194.03% rise over the past three years. The company has consistently reported positive results for the last seven quarters, with net sales growing at an annual rate of 28.98% and operating profit at 39.77%, contributing to a healthy outlook for the stock.
In the broader market context, while Apollo Micro Systems has experienced a short-term decline of 2.77% over the past week, the benchmark Sensex has only decreased by 0.36% during the same period. This indicates that the stock's recent performance has been relatively weaker compared to the market. However, the stock's strong historical performance, with consistent returns over the last three years and a 39.85% increase in the last year, suggests resilience. The liquidity of the stock, being sufficient for trades, further supports its potential for recovery, despite the recent short-term fluctuations.