Why is Action Const.Eq. falling/rising?

As of 22-Aug, Action Construction Equipment Ltd's stock is currently priced at 983.00, reflecting a decrease of 17.0 points or 1.7%. The stock has underperformed its sector by 1.62% today and has experienced a trend reversal after four consecutive days of gains. It reached an intraday low of Rs 973.2, indicating a decline of 2.68%. Over the past week, the stock has shown a return of +5.21%, but it has significantly underperformed over the past month and year, with returns of -14.30% and -25.68%, respectively. Despite a healthy long-term growth in net sales and operating profit, the stock's valuation appears expensive, and the low interest coverage ratio raises concerns. Additionally, the falling investor participation, as evidenced by a 35.25% drop in delivery volume, suggests waning confidence among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has returned +0.88% over the past week, Action Construction Equipment Ltd's recent performance indicates a divergence, particularly as it has underperformed the market over the last year with a return of -25.68% against the Sensex's +0.31%. This underperformance is compounded by the fact that domestic mutual funds hold only a small stake in the company, which may reflect a lack of confidence in its current valuation or business prospects. Overall, the combination of recent price declines, poor investor participation, and a challenging valuation environment contributes to the stock's downward movement.