Why is Banco Products falling/rising?

As of 31-Jul, Banco Products (India) Ltd is experiencing a decline in its stock price, currently at 595.55, which reflects a decrease of 10.75 or 1.77%. The stock has underperformed its sector today by 0.84% and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.37%. Additionally, the stock reached an intraday low of Rs 583.65, marking a drop of 3.74%. Over the past week, the stock has decreased by 6.80%, and over the past month, it has fallen by 11.01%. Despite a strong performance year-to-date with a return of 25.25% and a significant increase of 56.30% over the past year, the recent price movements indicate a troubling trend, compounded by a 38.3% drop in delivery volume compared to the five-day average.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with the Sensex declining only 1.22% over the past week and 3.00% over the past month. This underperformance is further highlighted by the stock's moving averages, which show it is lower than the 5-day, 20-day, and 50-day averages, suggesting a bearish sentiment among investors. However, the company maintains a strong ability to service debt with a low Debt to EBITDA ratio of 0.55 times and has shown healthy long-term growth, with operating profit increasing at an annual rate of 42.04%. Despite these positive factors, the recent price declines indicate market concerns that may overshadow the company's solid fundamentals.