Why is SP Apparels falling/rising?

As of 25-Jul, SP Apparels Ltd. is experiencing a decline in its stock price, currently at Rs 837.00, which reflects a decrease of Rs 20.85 or 2.43%. Today's price summary indicates that the stock has fallen after two consecutive days of gains, with an intraday high of Rs 900 and a low of Rs 821.2. Despite outperforming its sector by 0.44%, the stock's performance over the past month shows a slight decline of 0.82%. The company has a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 1.11 times, and its profits have risen by 5.5% over the past year, although the stock has generated a return of -2.15%. High institutional holdings at 21.76% suggest that knowledgeable investors are backing the stock, yet the current price movement indicates some selling pressure.
In the broader market context, the stock's short-term performance of +3.44% over the past week contrasts with the Sensex, which has declined by 0.36%. However, the stock's year-to-date performance shows a significant drop of 8.86%, while the Sensex has risen by 4.25%. The textile sector, in which SP Apparels operates, has also faced a downturn of 2.96%, contributing to the stock's current challenges. Overall, while there are positive indicators regarding the company's fundamentals, the recent price decline reflects broader market pressures and sector-specific issues.