Why is Cemindia Project falling/rising?

As of 18-Nov, Cemindia Projects Ltd is experiencing a decline in its stock price, currently at Rs 802.20, reflecting a decrease of Rs 38.45 or 4.57%. Today's price summary indicates that the stock has underperformed its sector by 4.47% and has seen a trend reversal after four consecutive days of gains. The stock touched an intraday low of Rs 799.5, representing a drop of 4.9%. Despite this decline, the stock has shown strong performance over the longer term, with a year-to-date increase of 48.80% and a remarkable 611.49% rise over the past three years. The company maintains a low Debt to EBITDA ratio of 0.66 times, indicating a strong ability to service its debt, and has demonstrated healthy long-term growth with net sales increasing at an annual rate of 31.52%.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with a 1-week return of -0.88% compared to the Sensex's gain of 0.96%. This underperformance may be contributing to the current price decline. However, the stock has consistently outperformed the BSE500 over the last three years, suggesting that while it may be facing short-term challenges, its long-term prospects remain robust. The rising investor participation, evidenced by a significant increase in delivery volume, indicates continued interest in the stock despite the recent price drop.