Why is Godfrey Phillips falling/rising?

As of 24-Jul, Godfrey Phillips India Ltd. is experiencing a decline in its stock price, currently at Rs 8,801.95, which reflects a decrease of Rs 585.95 or 6.24%. The stock has underperformed its sector by 4.62% today and has been on a consecutive downward trend for the last two days, accumulating a total drop of 6.5%. Despite a strong performance over the past year, with a return of 110.50%, the stock has faced a short-term setback, as evidenced by its 1-week decline of 4.39%. The stock's performance today also indicates a lower trading volume near its intraday low of Rs 8,779.5, suggesting some investor caution. However, the company maintains a high management efficiency with a return on equity (ROE) of 18.34% and a low debt-to-equity ratio, which are positive indicators for long-term growth.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has remained relatively stable with only a 0.09% decline over the past week. While Godfrey Phillips has shown impressive long-term growth, with a 68.68% increase year-to-date, its short-term volatility highlights a divergence from the benchmark. The stock's liquidity remains adequate for trading, and there has been a notable increase in delivery volume, suggesting that while current sentiment may be bearish, there is still interest from investors. Overall, the combination of recent price declines and the stock's strong historical performance creates a complex picture, indicating that while short-term challenges exist, the fundamentals remain solid.