Why is Prem. Explosives falling/rising?

As of 11-Jul, Premier Explosives Ltd is experiencing a decline in its stock price, currently at Rs 545.20, which reflects a decrease of Rs 11.8 or 2.12%. The stock has underperformed its sector by 1.27% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 3.08%. Additionally, the stock has shown a negative return of 5.18% over the past week and 9.53% over the past month, while it has significantly underperformed the benchmark Sensex, which has only declined by 1.12% and 0.02% in the same periods, respectively. Despite a healthy long-term growth rate in operating profit of 44.29%, the stock's recent performance is hindered by falling investor participation, as evidenced by a 30.19% drop in delivery volume compared to the 5-day average.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has shown a significant decline over the past year, with a return of -24.59% compared to the Sensex's increase of 3.26%. The stock's liquidity remains adequate for trading, but the current trend indicates a lack of investor confidence, which may be contributing to its recent price drop. Overall, while the company has strong fundamentals, the short-term market dynamics and investor sentiment appear to be negatively impacting its stock price.