Why is Ashapura Minech. falling/rising?

As of 25-Jul, Ashapura Minechem Ltd's stock price is currently at 544.10, reflecting a decrease of 20.4 points or 3.61%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 4.49% over this period. Today's trading saw the stock touch an intraday low of Rs 542, and the volume traded was more concentrated near this lower price, indicating a lack of strong buying interest. Despite a strong long-term growth trajectory, with net sales and operating profit increasing significantly, the stock's recent performance has been negatively impacted by a 37.87% drop in delivery volume compared to the five-day average, suggesting reduced investor participation.
In the broader market context, Ashapura Minechem's short-term performance has been notably weaker than the benchmark, with a 1-week return of -4.06% compared to the Sensex's -0.36%. While the stock has shown impressive long-term returns, outperforming the BSE500 over the past three years, its recent decline contrasts sharply with its year-to-date gain of 40.41%. The current price movement may reflect a temporary market correction or profit-taking, despite the company's healthy fundamentals and fair valuation relative to peers.