Why is E-Land Apparel falling/rising?

As of 30-Jul, E-Land Apparel Ltd's stock price is currently at 28.40, reflecting a decrease of 0.57, or 1.97%. The stock has been on a downward trend, having underperformed its sector by 1.96% today and experiencing a consecutive fall for the last six days, resulting in a total decline of 10.18% during this period. Despite this recent downturn, the company has shown strong financial performance in the past, with a net profit growth of 123.96% and positive results for the last three consecutive quarters. Additionally, the stock has generated impressive returns over the long term, with a 234.91% increase over the past year and a remarkable 441.98% rise over the last three years.
In the broader market context, E-Land Apparel's recent performance contrasts with the benchmark Sensex, which has declined by 1.50% over the past week. While the stock has outperformed the benchmark in the long term, its short-term performance has been lackluster, particularly in the last week where it fell by 9.53% compared to the Sensex's smaller decline. The falling investor participation, indicated by a significant drop in delivery volume, may also contribute to the stock's current struggles, despite its historical growth and positive earnings reports.