Why is Solara Active PP falling/rising?

As of 02-Jul, Solara Active Pharma Sciences Ltd Partly Paidup is experiencing a decline in its stock price, currently at Rs 469.00, which reflects a decrease of Rs 10.85 or 2.26%. The stock has underperformed its sector by 2.34% today and has seen a trend reversal after three consecutive days of gains. It touched an intraday low of Rs 460, indicating a drop of 4.14%. Despite this, the stock has shown strong performance over the past month, with a return of 36.97%, and a significant increase of 72.74% over the past year. The stock is also trading above its moving averages across various timeframes, suggesting a generally positive trend prior to the recent decline. There is no information available regarding positive or negative factors that could further explain the stock's movement.
In the broader market context, Solara Active PP's short-term performance has outpaced the benchmark Sensex, which has only increased by 0.79% over the past week. This indicates that while the stock has been performing well relative to the market, the recent drop suggests a correction after a period of strong gains. The year-to-date return of 12.74% also surpasses the Sensex's 6.75%, highlighting the stock's resilience in a generally positive market environment. However, the recent decline may reflect profit-taking by investors after a strong rally, despite rising investor participation and liquidity in the stock.