Why is Orbit Exports falling/rising?

As of 31-Jul, Orbit Exports Ltd is experiencing a decline in its stock price, currently at Rs 222.95, reflecting a decrease of Rs 15.0 or 6.3%. Today's price summary indicates that the stock opened with a loss of 5.4% and reached an intraday low of Rs 222.95, underperforming its sector by 3.95%. Over the past week, the stock has decreased by 3.28%, while it has shown a modest gain of 3.24% over the past month. Despite a strong long-term growth outlook, with operating profit increasing at an annual rate of 30.72% and a return on capital employed (ROCE) of 18.77%, the stock's recent performance has been negatively impacted by falling investor participation, as evidenced by a 23.81% drop in delivery volume compared to the 5-day average.
In the broader market context, while the Sensex has decreased by 1.22% over the past week, Orbit Exports' decline of 3.28% indicates a more significant downturn relative to the benchmark. The textile sector, in which Orbit operates, has also faced challenges, falling by 2.44%. Although the company has demonstrated strong fundamentals, including a low debt-to-equity ratio and a fair valuation with a price-to-book value of 2.2, the current market conditions and sector performance are contributing to the stock's downward movement.