Why is Soma Textiles falling/rising?

As of 28-Jul, Soma Textiles & Industries Ltd is experiencing a decline in its stock price, currently at Rs 99.02, reflecting a decrease of Rs 2.02 or 2.0%. The stock has been underperforming, having fallen for three consecutive days with a total decline of 5.54% during this period. Today, it opened with a loss of 2% and touched an intraday low of Rs 99.02. Despite this recent downturn, the stock has shown impressive returns over longer periods, including a 185.44% increase over the past year and a staggering 1250.89% over three years. However, the delivery volume has significantly decreased, indicating falling investor participation, which may contribute to the current price drop.
In the broader market context, Soma Textiles has outperformed the benchmark Sensex over various time frames, including a 4.13% gain over the past week compared to a 1.59% loss for the index. Despite this strong historical performance, the stock's recent decline contrasts sharply with its previous successes, suggesting that while it has been a strong performer overall, current market conditions and reduced trading activity may be impacting investor sentiment negatively. The liquidity of the stock remains adequate, but the significant drop in delivery volume could signal a lack of confidence among investors, contributing to the stock's current downward trend.