Why is Guj Apollo Inds falling/rising?

As of 25-Jul, Gujarat Apollo Industries Ltd is experiencing a decline in its stock price, currently at Rs 464.55, down by Rs 6.4 or 1.36%. The stock has recently shown a trend reversal, falling after two consecutive days of gains. It opened with a loss of 2.27% today and reached an intraday low of Rs 452.45, reflecting a significant drop. Despite this, the stock has outperformed the sector by 0.45% today and has shown strong long-term performance, with a 65.94% return over the past year. However, the company has reported operating losses for the last five consecutive quarters, leading to a negative return on capital employed (ROCE) and a weak ability to service its debt, which may be contributing to the recent price decline.
In the broader market context, Gujarat Apollo Industries has outperformed the Sensex in both the short-term and long-term, with a 3.23% increase over the past week compared to a 0.36% decline in the benchmark index. Despite this positive short-term performance, the stock's recent drop may be influenced by falling investor participation, as evidenced by a significant decrease in delivery volume. Additionally, the lack of domestic mutual fund investment could indicate a lack of confidence in the company's fundamentals, further impacting its stock price. Overall, while the stock has shown strong historical returns, the current operational challenges and market sentiment appear to be driving the recent decline.