Why is Natl. Aluminium falling/rising?

As of 19-Sep, National Aluminium Company Ltd's stock price is currently at 211.65, reflecting a decrease of 2.35, or 1.1%. Today's price summary indicates that the stock's performance is in line with the sector, although it has shown a decline in investor participation, with delivery volume falling by 32.87% compared to the 5-day average. Despite this, the company has demonstrated strong financial health, with a high return on equity (ROE) of 17.57% and a low debt-to-equity ratio, contributing to its attractive valuation. Over the past year, the stock has generated a return of 16.13%, while profits have surged by 197.1%, indicating robust growth potential.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with a 1-week return of -3.02% compared to the Sensex's gain of 0.88%. While the stock has shown healthy long-term growth, as evidenced by a 10.61% increase over the past month and a remarkable 184.48% rise over the last three years, the recent decline in price may reflect short-term market fluctuations or investor sentiment rather than underlying business fundamentals. The high institutional holdings at 30.82% suggest that informed investors continue to support the stock, which may stabilize its price in the future.