Why is Prem. Explosives falling/rising?

As of 28-Aug, Premier Explosives Ltd is experiencing a decline in its stock price, currently at Rs 493.85, which reflects a decrease of Rs 7.55 or 1.51%. The stock has been on a downward trend, losing value for the last three days, resulting in a total decline of 8.18% during this period. Despite having a healthy long-term growth outlook, with an annual operating profit growth rate of 40.68% and a net profit increase of 109.55%, the stock's recent performance has been affected by falling investor participation, as evidenced by a 25.91% drop in delivery volume compared to the five-day average. Additionally, while the stock's moving averages indicate it is above the 20-day and 200-day averages, it is below the 5-day, 50-day, and 100-day averages, suggesting mixed signals for investors.
In the broader market context, the stock's short-term performance has been slightly worse than the benchmark, with a 1-week return of -2.50% compared to the Sensex's decline of 2.34%. This underperformance in the short term, combined with the recent consecutive falls and reduced trading volume, indicates a cautious sentiment among investors. However, the company’s strong financial results, including a significant increase in net sales and operating profit, suggest that the long-term outlook remains positive, which may help stabilize the stock in the future.