Why is Paradeep Phosph. falling/rising?

As of 25-Jul, Paradeep Phosphates Ltd is currently priced at Rs 189.60, reflecting a decline of Rs 3.6 or 1.86%. The stock has been underperforming recently, having fallen for the last two consecutive days with a total drop of 5.3%. Today's trading saw the stock reach an intraday low of Rs 188.2, and it has traded more volume near this lower price point. Despite this recent decline, the stock has shown strong performance over longer periods, with a 127.26% increase over the past year and a 289.72% rise over the last three years. Positive factors contributing to the stock's long-term growth include a robust annual growth rate in net sales of 20.70% and a significant increase in operating profit, alongside high institutional holdings which suggest confidence in the company's fundamentals.
In the broader market context, Paradeep Phosphates has outperformed the benchmark Sensex over various time frames, including a 10.43% increase over the past week compared to a slight decline in the Sensex. However, the stock's recent performance has been hindered by a decrease in investor participation, with delivery volume falling by 27.63% against the five-day average. This decline in trading activity may indicate waning interest among investors, contributing to the stock's current downward movement despite its strong historical performance and positive financial indicators.