Why is Eureka Forbes falling/rising?

As of 06-Aug, Eureka Forbes Ltd's stock price is currently at Rs 572.55, reflecting a decrease of Rs 1.5 or 0.26%. Today's price summary indicates that the stock opened with a loss of 2.8% and reached an intraday low of Rs 558. Additionally, the stock has underperformed its sector by 0.25%. Over the past week, the stock has shown a positive return of 2.73%, contrasting with a decline of 2.79% over the past month. Despite a strong annual return of 21.32%, the stock's performance has been hindered by a significant drop in investor participation, with delivery volume falling by 43.34% compared to the five-day average. The company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 85.50% and operating profit at 182.78%.
In the broader market context, while Eureka Forbes has outperformed the BSE500 index with a one-year return of 21.32% compared to the index's 0.35%, its recent performance has been less favorable. The stock's decline today and the negative sentiment reflected in the opening gap down suggest that short-term pressures are affecting investor confidence. Despite the company's strong fundamentals, including consistent positive results over the last 12 quarters and a fair valuation compared to peers, the current market dynamics and reduced trading volume may be contributing to the stock's downward movement.