Why is Eureka Forbes falling/rising?

As of 16-Jul, Eureka Forbes Ltd's stock is currently priced at 562.00, reflecting a decrease of 9.85 points or 1.72%. The stock has underperformed its sector today by 1.63%, and while it is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. Over the past week, the stock has declined by 4.10%, and it has also seen a year-to-date drop of 2.81%, contrasting with a 5.75% increase in the broader market. Despite these short-term declines, the company has shown strong long-term growth, with net sales increasing at an annual rate of 85.50% and operating profit at 182.78%. The company has consistently reported positive results for the last 12 quarters, which may provide some support for the stock despite its current price drop.
Broader Market Context: In the context of the broader market, Eureka Forbes has underperformed relative to the benchmark, with a 1-week decline of 4.10% compared to the Sensex's decrease of only 1.08%. This underperformance is notable given that the stock has generated a return of 11.25% over the past year, significantly higher than the market's return of 0.47%. The company's relatively low debt-to-equity ratio and fair valuation compared to peers may suggest that the stock is undervalued, which could attract investors in the long run. However, the recent price decline indicates that short-term market sentiment may be weighing on the stock, despite its strong fundamentals and market-beating performance over the past year.