Why is E-Land Apparel falling/rising?

As of 01-Aug, E-Land Apparel Ltd's stock is currently priced at 27.49, reflecting a decrease of 0.56, or 2.0%. The stock has been on a downward trend, having lost value for the last eight consecutive days, resulting in a total decline of 13.06% during this period. Despite this recent downturn, the company has shown strong performance in the long term, with a remarkable increase of 230.41% over the past year and 409.07% over the last three years. The company also reported very positive financial results, including a net profit growth of 123.96% and significant increases in net sales and earnings per share, which could indicate underlying strength despite the recent price drop.
In the broader market context, E-Land Apparel's short-term performance has been notably worse than the benchmark, with a 1-week decline of 8.85% compared to the Sensex's drop of only 1.06%. Additionally, the textile sector has experienced a decline of 2.7%, which may be contributing to the stock's struggles. However, the stock has outperformed its sector by 0.75% today, and rising investor participation, as indicated by a significant increase in delivery volume, suggests that there may be underlying interest in the stock despite its recent price decline.