Why is Skipper falling/rising?

As of 29-Aug, Skipper Ltd's stock price is currently at Rs 516.00, reflecting a decrease of Rs 10.4 or 1.98%. The stock has underperformed its sector today by 1.36%, hitting an intraday low of Rs 511, which is a decline of 2.93%. Over the past week, the stock has seen a return of -4.52%, while its performance over the last month shows a positive return of 7.62%. Despite the recent downturn, the company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 30.34% and operating profit at 43.87%. However, a notable concern is the falling investor participation, as evidenced by a 40.33% drop in delivery volume compared to the five-day average, which may indicate waning interest among investors.
In the broader market context, the Sensex has declined by 1.84% over the past week, suggesting that the stock's short-term performance is not entirely isolated but rather part of a wider market trend. Despite the stock's recent struggles, it has shown impressive returns over the longer term, outperforming the BSE500 consistently over the last three years. However, the low stake held by domestic mutual funds at only 0.32% raises questions about institutional confidence in the stock's current valuation. This lack of institutional backing could contribute to the stock's recent price decline, as it may signal hesitance among larger investors regarding the stock's future performance.