Why is Apollo Micro Sys falling/rising?

As of 07-Aug, Apollo Micro Systems Ltd is currently priced at Rs 179.05, reflecting a decrease of Rs 1.75, or 0.97%. The stock has recently underperformed its sector by 0.79% and has experienced a trend reversal, falling after three consecutive days of gains. Today, the stock reached an intraday low of Rs 175, marking a decline of 3.21%. Despite this drop, the stock has shown strong performance over the longer term, with a year-to-date increase of 55.16% and a remarkable 1206.93% rise over the past three years. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 30.41% against the five-day average, indicating ongoing interest despite the recent price decline. The positive and negative factors dashboard is unavailable, which limits further insights into specific influences on the stock's movement.
In the broader market context, Apollo Micro Systems' short-term performance contrasts with the benchmark Sensex, which has declined by 0.69% over the past week while the stock itself has gained 3.08%. This suggests that the stock has been relatively resilient compared to the overall market trend. However, the stock's recent underperformance today and the trend reversal may indicate a temporary correction after a period of strong gains. The liquidity of the stock remains adequate for trading, with a significant volume traded close to its low price, which may provide some support for future price movements.