Why is Venus Pipes falling/rising?

As of 11-Jul, Venus Pipes & Tubes Ltd is experiencing a decline in its stock price, currently at Rs 1,598.75, which reflects a decrease of Rs 27.7 or 1.7%. Today's price summary indicates that the stock has underperformed its sector by 1.04% and has fallen after five consecutive days of gains, touching an intraday low of Rs 1,567, a drop of 3.66%. Despite this recent downturn, the stock has shown positive returns over the past week and month, with increases of 9.50% and 9.88%, respectively. Additionally, the company boasts strong fundamentals, including a high return on capital employed (ROCE) of 31.02%, a low debt to EBITDA ratio of 0.85, and significant growth in net sales and operating profit. However, there has been a notable decline in investor participation, with delivery volume dropping by 48.64% against the five-day average, which may contribute to the stock's recent price movement.
In the broader market context, Venus Pipes has outperformed the benchmark Sensex over the past week and month, while the Sensex has shown slight declines of 1.12% and 0.02%, respectively. This suggests that despite the current price drop, the stock has been resilient compared to the overall market trends. The high institutional holdings at 20.33% indicate confidence from more sophisticated investors, which may provide some support for the stock in the long term. However, the recent fall in delivery volume and the stock's underperformance today could signal a shift in market sentiment, warranting close observation of future trading activity.