Why is Natl. Aluminium falling/rising?

As of 16-Sep, National Aluminium Company Ltd's stock price is currently at 216.40, reflecting a decrease of 0.8 (-0.37%). The stock has been underperforming its sector, having fallen for the last two days with a total decline of 0.85%. Despite this recent dip, the stock has shown strong performance over the past week and month, with returns of 4.72% and 15.51%, respectively. The company benefits from a high dividend yield of 4.6% and has demonstrated healthy long-term growth, evidenced by a significant annual increase in operating profit. Additionally, the stock has consistently outperformed its peers over the past three years, with a remarkable 180.86% return, indicating strong investor confidence despite the recent price decline.
In the broader market context, while National Aluminium's recent performance has been negative, it has still outperformed the Sensex over the past week and month, which saw returns of 1.58% and 2.21%, respectively. The stock's liquidity remains robust, with a delivery volume increase of 11.75% compared to the five-day average, suggesting ongoing interest from investors. High institutional holdings at 30.82% further indicate that knowledgeable investors are backing the company, which may provide some stability despite the current price drop. Overall, while the stock is experiencing a short-term decline, its strong fundamentals and historical performance suggest a potential for recovery.