Why is SP Apparels falling/rising?

As of 26-Jun, SP Apparels Ltd. is currently priced at 842.00, reflecting a decrease of 1.95 points or 0.23%. The stock has underperformed its sector by 1.15% today and has experienced a trend reversal after two consecutive days of gains. While the stock has shown a positive return of 14.06% over the past year, it has seen a decline of 4.47% over the past month. Additionally, the stock's delivery volume has decreased by 20.54% compared to the five-day average, indicating falling investor participation. Despite these challenges, the company maintains a strong ability to service debt with a low Debt to EBITDA ratio of 1.11 times and has high institutional holdings at 21.49%, suggesting confidence from larger investors.
In the broader market context, SP Apparels' short-term performance has lagged behind the benchmark, with a 1-week return of +2.81% compared to the Sensex's +2.94%. This underperformance in the short term, coupled with a decline in trading activity, may contribute to the stock's recent price drop. However, the company has consistently generated returns over the last three years, outperforming the BSE 500 in each of the last three annual periods, which may provide some reassurance to investors despite the current price movement.