Why is Premier Polyfilm falling/rising?

As of 21-Jul, Premier Polyfilm Ltd's stock price is currently at Rs 53.49, reflecting a decrease of Rs 1.38 or 2.52%. Today's price summary indicates that the stock has underperformed its sector by 2.2% and has experienced a trend reversal after three consecutive days of gains, touching an intraday low of Rs 53, which is a decline of 3.41%. Despite a strong performance over the past year with a return of 23.45%, significantly higher than the market's return of 1.63%, the stock's long-term growth prospects appear weak, as evidenced by a modest annual net sales growth of 12.44% over the last five years. Additionally, the recent declines in profit before tax and profit after tax compared to previous quarters raise concerns about the company's financial health.
In the broader market context, while Premier Polyfilm has shown positive returns over the past year, its recent performance contrasts with the benchmark, as it has underperformed in the short term. The stock's current price movement is also influenced by its liquidity, with a notable increase in delivery volume, suggesting rising investor participation. However, the lack of domestic mutual fund investment may indicate a lack of confidence in the stock's valuation or business prospects, further contributing to the recent price decline.