Why is Akar Auto Indust falling/rising?

As of 09-Jul, Akar Auto Industries Ltd is experiencing a decline in its stock price, currently at Rs 163.85, which reflects a decrease of Rs 0.95 or 0.58%. The stock has underperformed its sector by 0.9% today and has fallen after two consecutive days of gains. Despite this recent downturn, the stock has shown strong performance over the past year with a return of 42.05%, and it is trading higher than its moving averages across various timeframes. However, there is a notable decrease in investor participation, with delivery volume falling by 23.49% compared to the 5-day average, which may contribute to the current price movement. The company has an attractive valuation with a return on capital employed (ROCE) of 18.5 and is trading at a discount compared to its peers, indicating potential for recovery.
In the broader market context, Akar Auto Industries has underperformed the Sensex in the short term, with a weekly return of -1.83% compared to the benchmark's slight gain of 0.15%. However, the stock has significantly outperformed the benchmark over longer periods, including a 55.16% increase over the past month and an impressive 213.59% over three years. This long-term performance suggests that while the stock is currently facing a short-term decline, its overall trajectory remains positive, supported by strong fundamentals and market-beating returns in the long run.