Why is Excel Industries falling/rising?

As of 08-Jul, Excel Industries Ltd is currently priced at 1,313.65, reflecting a decline of 17.05 points or 1.28%. The stock has recently experienced a trend reversal, falling after three consecutive days of gains. Despite this drop, it is trading above its moving averages across various time frames, indicating a generally positive trend. The stock has shown strong performance over the past week and month, with returns of 2.49% and 8.06%, respectively, outpacing the Sensex's minimal gain of 0.02% over the same week. Additionally, the company has demonstrated significant profit growth of 401.2% over the past year, contributing to its attractive valuation with a Price to Book Value ratio of 1.
In the broader market context, while Excel Industries has underperformed its sector by 0.62% today, it has still managed to generate a solid return of 10.43% over the past year, compared to the Sensex's 4.69%. The rising investor participation, evidenced by a 13.24% increase in delivery volume, suggests continued interest in the stock despite the recent decline. The company's low Debt to Equity ratio and favorable PEG ratio of 0.1 further support its position as a hold, indicating that while the stock is currently experiencing a downturn, its fundamentals remain strong and could lead to recovery in the future.