Why is Eureka Forbes falling/rising?

As of 07-Aug, Eureka Forbes Ltd is experiencing a decline in its stock price, currently at Rs 567.60, which reflects a decrease of 4.95 points or 0.86%. The stock has been under pressure recently, having fallen consecutively for the last two days, resulting in a total drop of 1.12% during this period. Despite outperforming its sector by 0.4% today, the stock touched an intraday low of Rs 558.5. Over the past week, it has shown a modest gain of 1.00%, but its one-month performance indicates a decline of 5.11%. The company's positive fundamentals, including a low debt-to-equity ratio and consistent growth in net sales and operating profit, suggest a healthy long-term outlook. However, the recent drop in delivery volume by 43.86% against the five-day average indicates falling investor participation, which may be contributing to the stock's downward movement.
In the broader market context, while the stock has generated a return of 19.08% over the past year, the benchmark Sensex has only increased by 1.45%, highlighting the stock's strong performance relative to the market. However, the stock's year-to-date performance shows a decline of 1.84%, contrasting with the Sensex's gain of 3.18%. This divergence may reflect investor sentiment shifting in response to recent price movements and liquidity concerns. Overall, while Eureka Forbes has demonstrated robust long-term growth and attractive valuations, the recent price decline could be attributed to short-term market dynamics and reduced trading activity.