Why is Akar Auto Indust falling/rising?

As of 03-Jul, Akar Auto Industries Ltd is experiencing a decline in its stock price, currently at Rs 161.65, which reflects a decrease of Rs 5.25 or 3.15%. Today's price summary indicates that the stock has underperformed its sector by 4.33% and has fallen after two consecutive days of gains. The stock reached an intraday high of Rs 170.8 but also touched a low of Rs 160, with more trading volume occurring near the lower price. Despite this decline, the stock has shown strong performance over various periods, including a 52.43% increase over the past month and a remarkable 209.08% rise over the last three years. The company has an attractive valuation with a return on capital employed (ROCE) of 18.5, and it is trading at a discount compared to its peers, which may support its long-term value.
In the broader market context, Akar Auto Industries has outperformed the benchmark Sensex over the past year, generating a return of 51.29% compared to the Sensex's 4.07%. However, in the short term, the stock's performance has been less favorable, as indicated by its recent decline and underperformance against the sector. The rising investor participation, with a significant increase in delivery volume, suggests that there is still interest in the stock despite the recent price drop. Overall, while the stock has shown strong long-term performance, the recent price movement reflects a temporary setback in the context of market fluctuations.