Why is Solara Active falling/rising?

As of 27-Jun, Solara Active Pharma Sciences Ltd is currently priced at Rs 617.35, reflecting a decrease of Rs 1.75 or 0.28%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 2.92%. Despite touching an intraday high of Rs 636.7 earlier in the day, the stock's performance today has lagged behind its sector by 1.16%. Over the past week, the stock has shown a strong return of 16.33%, and over the last month, it has increased by 27.92%. However, year-to-date, it is down 8.67%, even as it has generated a notable return of 24.43% over the past year, significantly outperforming the market's average return of 4.10%. The company has reported positive results for the last three consecutive quarters, with a substantial growth in profit after tax and attractive valuation metrics, which could support a stabilization in price despite the recent declines.
Broader Market Context: The broader market, represented by the Sensex, has shown a modest increase of 2.00% over the past week and 3.07% over the past month, indicating a generally positive market sentiment. While Solara Active's recent performance has been strong over the longer term, its current short-term decline contrasts with the overall market trend. The stock's recent drop may be attributed to falling investor participation, as evidenced by a significant decrease in delivery volume, which suggests a lack of confidence among investors despite the company's strong fundamentals. This combination of factors indicates that while the company has solid long-term prospects, short-term pressures are currently affecting its stock price.