Why is Kanpur Plastipa. falling/rising?

As of 25-Jun, Kanpur Plastipack Ltd's stock price is currently at Rs 204.25, reflecting a decrease of Rs 10.7 or 4.98%. The stock has underperformed its sector by 6.11% today and has experienced a trend reversal after two consecutive days of gains. It touched an intraday low of Rs 204.25, with trading volume skewed towards this lower price. Despite a strong year-to-date return of 62.75% and a remarkable 87.28% increase over the past year, the stock has seen a decline of 12.68% over the last month, indicating recent weakness. The company's operating profit growth of 29.9% and positive results over the last two quarters suggest underlying strength, but the falling investor participation, as evidenced by a 13.3% drop in delivery volume, may be contributing to the current price decline.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.61% over the past week. While Kanpur Plastipack Ltd has shown impressive long-term returns, its short-term struggles highlight a disconnect with the overall market sentiment. The stock's liquidity remains adequate for trading, but the recent drop in investor interest could be a factor in its current price movement. Overall, while the company has solid fundamentals, the recent price decline may reflect market dynamics rather than a deterioration in its financial health.