Why is Gravita India falling/rising?

As of 10-Jul, Gravita India Ltd is experiencing a decline in its stock price, currently at 1,777.70, which reflects a decrease of 16.95 or 0.94%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 4.22% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 3.55%, while over the past month, it has decreased by 4.00%. Despite these short-term challenges, the company has demonstrated strong fundamentals, including a high return on capital employed (ROCE) of 20.88% and a low debt-to-EBITDA ratio of 1.36 times, suggesting solid management efficiency and debt servicing capability.
In the broader market context, Gravita India's recent performance contrasts with the Sensex, which has only seen a minor decline of 0.06% over the same week. The stock's year-to-date performance is notably poor, down 18.89%, while the Sensex has gained 6.46% during the same period. Although the company has reported positive results in recent quarters, including a significant net profit growth of 21.6%, the stock's liquidity has decreased, with delivery volume falling by 26.39% against the 5-day average. This decline in investor participation may be contributing to the stock's downward movement, despite its strong long-term growth potential and consistent returns over the past three years.