Why is K P R Mill Ltd falling/rising?

As of 25-Aug, K P R Mill Ltd's stock price is currently at 1,017.55, reflecting a decrease of 9.2 points or 0.9%. The stock has underperformed its sector by 0.27% today and has experienced a trend reversal, falling after five consecutive days of gains. Additionally, the stock's delivery volume has decreased by 35.25% compared to the five-day average, indicating a decline in investor participation. Over the past month, the stock has seen a significant decline of 13.68%, despite a year-to-date increase of 2.23% and a one-year return of 14.27%, showcasing its strong long-term fundamental strength with a robust average Return on Equity (ROE) of 21.02% and healthy growth in net sales and operating profit.
In the broader market context, while K P R Mill Ltd has outperformed the BSE500 index over the past year, which has generated negative returns of -2.11%, its recent performance has been less favorable in the short term. The stock's recent decline contrasts with the benchmark's modest gain of 0.45% over the past week. Despite its strong fundamentals and being the largest company in its sector, the recent drop in price suggests that short-term market dynamics and reduced trading activity may be influencing investor sentiment negatively.