Why is Uni Abex Alloy falling/rising?

As of 12-Aug, Uni Abex Alloy Products Ltd is experiencing a decline in its stock price, currently at 2,917.40, reflecting a decrease of 153.5 points or 5.0%. The stock has underperformed its sector by 4.32% today and has been on a consecutive downward trend for the last four days, accumulating a total drop of 17.59% during this period. Additionally, the stock opened with a loss of 5% and has not fluctuated beyond this price point throughout the day. In terms of returns, the stock has seen a significant decline of 15.44% over the past week and 16.02% over the past month, although it has generated a positive return of 7.77% year-to-date and 5.44% over the past year. The company's recent financial performance shows a concerning drop in profit after tax and net sales, which are at their lowest levels, contributing to a negative sentiment among investors.
Broader market context indicates that while the Sensex has only declined by 0.59% over the past week, Uni Abex's performance has been significantly worse in comparison. The stock's liquidity appears adequate, but a notable decrease in delivery volume suggests falling investor participation, which could further pressure the stock price. Despite the company's low debt-to-equity ratio and consistent returns over the last three years, the high valuation relative to peers and the lack of domestic mutual fund investment signal potential concerns about its future performance. This combination of factors has likely contributed to the stock's recent decline, overshadowing its historical performance and leading to a bearish outlook among investors.