Why is Banco Products falling/rising?

As of 28-Jul, Banco Products (India) Ltd is experiencing a decline in its stock price, currently at 605.75, which reflects a decrease of 8.35 points or 1.36%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total return of -8.02% over the past week. Today's trading saw the stock reach an intraday low of Rs 593.95, indicating a significant drop of 3.28%. Despite this recent downturn, the company has shown strong fundamentals, with a low Debt to EBITDA ratio of 0.55 times and a healthy operating profit growth rate of 42.04%. The stock has generated a remarkable return of 59.26% over the past year, with profits rising by 44.4%, suggesting that while the stock is currently declining, its long-term outlook remains positive.
In the broader market context, Banco Products has outperformed the Sensex over the past year, which has seen a slight decline of 0.54%. However, in the short term, the stock's performance has lagged behind the benchmark, with a 1-week return of -8.02% compared to the Sensex's -1.59%. This underperformance may be contributing to the stock's recent price drop, as investor sentiment appears to be affected by the consecutive declines. Nevertheless, the stock's liquidity remains adequate, and rising investor participation indicates ongoing interest, which could support a rebound in the future.