Why is Greenply Industr falling/rising?

As of 23-Jul, Greenply Industries Ltd is currently priced at 338.95, reflecting a decrease of 3.25, or 0.95%. Despite this decline, the stock has shown strong performance in the longer term, with a 10.17% return over the past year and an impressive 89.99% increase over the last three years. Today's price summary indicates that the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 78.54% compared to the 5-day average. The stock's attractive valuation, indicated by a return on capital employed (ROCE) of 13.7 and a PEG ratio of 1.3, suggests that it is trading at a discount relative to its peers, which could support its price in the long run.
In the broader market context, Greenply Industries has outperformed the Sensex, with a 5.51% increase over the past week compared to the benchmark's 0.11% rise. This trend of outperforming the market is consistent with the stock's performance over various time frames, including a 10.16% year-to-date return versus the Sensex's 5.87%. The high institutional holdings at 36.47% indicate strong confidence from knowledgeable investors, which may provide stability and support for the stock despite its current price decline. Overall, while the stock is experiencing a slight decrease today, its long-term performance and positive fundamentals suggest a resilient position in the market.