Why is Cubex Tubings falling/rising?

As of 09-Jul, Cubex Tubings Ltd is experiencing a decline in its stock price, currently at Rs 96.65, which reflects a decrease of Rs 1.55 or 1.58%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 4.12% during this period. Despite opening with a gain of 7.94% today and reaching an intraday high of Rs 106, the stock also touched a low of Rs 95.6, indicating high volatility with an intraday fluctuation of 8.57%. Over the past week, the stock has underperformed significantly, with a return of -6.62%, while the benchmark Sensex has gained 0.15%. Additionally, the stock's performance over the last month shows a decline of 14.57%, contrasting with the Sensex's increase of 1.32%.
In terms of company fundamentals, Cubex Tubings has reported healthy long-term growth, with net sales increasing at an annual rate of 34.98% and operating profit at 60.35%. The company has declared positive results for the last two consecutive quarters, with net sales reaching a high of Rs 84.90 crore. However, despite these positive indicators, the stock has generated a negative return of -9.25% over the past year, which may be contributing to investor hesitation. The falling investor participation, with a 24.34% drop in delivery volume against the five-day average, further exacerbates the stock's decline. Overall, while the company shows strong growth potential, the recent price movements and broader market conditions suggest a challenging environment for the stock at this time.