Why is Stylam Industrie falling/rising?

As of 11-Nov, Stylam Industries Ltd is experiencing a decline in its stock price, currently at Rs 1,958.00, which reflects a decrease of Rs 96.05 or 4.68%. The stock has underperformed its sector by 3.65% today and has fallen after two consecutive days of gains, touching an intraday low of Rs 1,915, representing a drop of 6.77%. Over the past week, the stock has decreased by 5.50%, and year-to-date, it has fallen by 12.05%, while the one-year return shows a decline of 12.93%. Despite this downturn, the company maintains a high management efficiency with a return on equity (ROE) of 21.30% and a low debt-to-equity ratio of 0.06 times, indicating financial stability. Additionally, net sales have grown at an annual rate of 20.49%, and operating profit has increased by 26.62%, suggesting healthy long-term growth prospects. The recent increase in institutional investor participation, with a 1.3% rise in their stake, further supports the company's fundamentals.
In the broader market context, the stock's short-term performance has been notably weaker compared to the benchmark Sensex, which has gained 0.49% over the past week. While Stylam Industries has shown strong performance over a three-year period with an increase of 89.36%, its recent declines highlight a divergence from the overall market trend. The stock's liquidity remains adequate for trading, with a delivery volume increase of 140.61% against the five-day average, indicating some investor interest despite the price drop. Overall, the combination of recent price declines, underperformance relative to the market, and the positive long-term growth indicators creates a complex picture for Stylam Industries Ltd.