Why is Nuvoco Vistas falling/rising?

As of 05-Sep, Nuvoco Vistas Corporation Ltd is experiencing a decline in its stock price, currently at Rs 463.25, which reflects a decrease of Rs 7.5 or 1.59%. Today's price summary indicates that the stock opened with a loss of 2.03% and has underperformed its sector by 1.23%. Despite this drop, the stock has shown strong performance over the past week and month, with returns of 1.59% and 6.23%, respectively. Additionally, it is trading above its moving averages, and there has been a notable increase in investor participation, with delivery volume rising by 39.48% compared to the 5-day average. Positive financial results, including significant growth in profit before tax and profit after tax, along with a low debt-equity ratio, suggest that the stock has attractive fundamentals, which may support its long-term value despite the current decline.
Broader market context shows that while Nuvoco Vistas has generated a remarkable return of 32.39% over the past year, the broader market, represented by the Sensex, has seen a negative return of 1.81%. This indicates that Nuvoco Vistas has outperformed the market significantly, which may attract institutional investors, as evidenced by a high institutional holding of 22.93%. However, the stock's recent price movement reflects a trend reversal after three consecutive days of gains, suggesting a temporary pullback. Overall, while the stock has shown resilience and strong fundamentals, the current decline may be attributed to short-term market fluctuations rather than a fundamental weakness in the company's performance.