Why is Prem. Explosives falling/rising?

As of 25-Jul, Premier Explosives Ltd is experiencing a decline in its stock price, currently at Rs 480.00, which reflects a decrease of Rs 10.2 or 2.08%. The stock has underperformed its sector by 0.78% today and has been on a downward trend for the last three days, accumulating a total loss of 7.51% during this period. Over the past week, the stock has decreased by 8.70%, and it has also shown significant declines over the past month and year, with returns of -17.43% and -29.70%, respectively. Despite these short-term challenges, the company has demonstrated healthy long-term growth, with an annual operating profit increase of 44.29%. The majority of shareholders are non-institutional, which may influence stock stability and investor sentiment.
In the broader market context, the Sensex has shown a relatively stable performance, with only a slight decline of 0.36% over the past week. This indicates that the stock's recent performance is not entirely reflective of the overall market trend. The stock's liquidity appears adequate, with a delivery volume increase of 117.57% against the five-day average, suggesting rising investor participation despite the price drop. However, the stock's performance has lagged behind the benchmark in both the short term and longer periods, highlighting a significant divergence from market trends.