Why is Sarla Performanc falling/rising?

As of 17-Sep, Sarla Performance Fibers Ltd is experiencing a decline in its stock price, currently at Rs 102.80, which reflects a decrease of Rs 3.45 or 3.25%. Today's price summary indicates that the stock has underperformed its sector by 4.26% and has fallen after three consecutive days of gains, touching an intraday low of Rs 101.6. The stock's performance over the past week shows a slight increase of 0.29%, but it has underperformed over the past month and year-to-date, with declines of 1.01% and 9.03%, respectively. Despite generating a return of 12.47% over the past year, the stock's recent movement is affected by falling investor participation, as evidenced by a 15.54% drop in delivery volume against the five-day average.
Broader market context reveals that while the stock has outperformed the broader market over the past year, the BSE500 index has seen negative returns of 2.63%. In the short term, the stock's performance is lagging behind the Sensex, which has gained 1.56% over the past week. The stock's ability to service debt remains strong, with a low Debt to EBITDA ratio of 1.15 times, and it is trading at a discount compared to its peers. However, the recent decline in price and investor participation suggests a cautious sentiment among investors, despite the company's attractive valuation metrics and historical performance.