Why is Som Distilleries falling/rising?

As of 14-Nov, Som Distilleries & Breweries Ltd is experiencing a decline in its stock price, currently at Rs 121.55, reflecting a decrease of Rs 5.1 or 4.03%. The stock has underperformed its sector by 4.95% today and has been on a downward trend for the past two days, accumulating a total loss of 5.89%. It opened with a significant gap down of 4.42% and reached an intraday low of Rs 118.8, indicating a bearish sentiment among investors. Despite this short-term decline, the stock has shown strong performance over the longer term, with a year-to-date return of 10.55% and a one-year return of 21.49%, which surpasses the market's performance.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has declined by 4.55% over the past week while the Sensex has gained 1.62%. Although the stock is currently facing short-term challenges, it has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 36.22% and operating profit rising by 74.17%. Additionally, rising promoter confidence, indicated by a 0.62% increase in their stake, suggests a belief in the company's future potential. However, the stock's current trading below its moving averages and the recent price drop may have contributed to investor caution, overshadowing its otherwise strong fundamentals.