Why is Eureka Forbes falling/rising?

As of 04-Aug, Eureka Forbes Ltd is experiencing a slight decline in its stock price, currently at 572.15, reflecting a change of -0.15 (-0.03%). The stock has shown a trend reversal, falling after three consecutive days of gains. In terms of performance, the stock has increased by 2.13% over the past week, while it has decreased by 2.86% over the past month. Despite this recent dip, the company has demonstrated strong fundamentals, including a low debt-to-equity ratio and consistent positive results over the last 12 quarters, with significant growth in net sales and operating profit. The stock is trading at a discount compared to its peers, and its return over the past year stands at 16.02%, significantly outperforming the broader market, which has seen negative returns.
In the broader market context, the Sensex has only increased by 0.16% over the past week and has declined by 2.89% over the past month, indicating that Eureka Forbes' short-term performance is relatively strong compared to the benchmark. However, the stock's recent price movement may be influenced by falling investor participation, as evidenced by a significant drop in delivery volume. Despite the current decline, the stock remains liquid enough for trading, and its market capitalization positions it as a significant player in its sector. Overall, while the stock is facing a minor setback, its long-term growth prospects and recent performance against the market suggest a resilient position.