Why is Olectra Greentec falling/rising?

As of 24-Sep, Olectra Greentech Ltd's stock price is currently at Rs 1,642.80, reflecting a decrease of Rs 27.7 or 1.66%. The stock has underperformed its sector by 0.59% today and has experienced a trend reversal after two consecutive days of gains. It touched an intraday low of Rs 1,635.75, indicating a decline of 2.08%. While the stock has shown positive returns over the past month with an increase of 5.67%, it has a year-to-date gain of 13.57%. The company maintains a low debt-to-equity ratio of 0.02, which suggests financial stability, and has demonstrated healthy long-term growth with net sales and operating profit increasing at annual rates of 58.32% and 63.90%, respectively.
In the broader market context, Olectra Greentech's recent performance shows a slight underperformance compared to the Sensex, which has declined by 1.18% over the past week. Despite this, the stock has outperformed the benchmark over the past month and year-to-date. The rising investor participation, indicated by a 39.04% increase in delivery volume, suggests that there is still interest in the stock despite the recent price drop. Overall, while the stock is currently facing downward pressure, its strong fundamentals and growth prospects may provide a buffer against further declines.