Why is Nuvoco Vistas falling/rising?

As of 01-Aug, Nuvoco Vistas Corporation Ltd is experiencing a decline in its stock price, currently at Rs 424.10, which reflects a decrease of Rs 6.7 or 1.56%. Today's price summary indicates that the stock opened with a loss of 2% and touched an intraday low of Rs 421.45, marking a trend reversal after three consecutive days of gains. Despite this decline, the stock has shown strong performance over the past month, with a return of 18.75%, and has outperformed the benchmark Sensex, which fell by 3.70% during the same period. Positive factors contributing to the stock's resilience include impressive growth in profit before tax and profit after tax in the latest quarter, alongside a low debt-equity ratio, which suggests a solid financial position.
Broader market context reveals that while Nuvoco Vistas has generated a return of 22.71% over the past year, the broader market, represented by the BSE500, has seen negative returns of 4.13%. This indicates that Nuvoco Vistas has been able to outperform the market significantly, despite its current price drop. However, the stock's recent underperformance today, relative to its sector, and a decrease in investor participation, as evidenced by a decline in delivery volume, may be contributing to the current downward pressure on its price.