Why is Akar Auto Indust falling/rising?

As of 10-Jul, Akar Auto Industries Ltd is experiencing a decline in its stock price, currently at Rs 159.95, which reflects a decrease of Rs 3.9 or 2.38%. The stock has underperformed its sector by 2.62% today and has been on a consecutive downward trend for the last two days, accumulating a total drop of 2.94%. Despite touching an intraday high of Rs 168.35, it also reached a low of Rs 157, indicating volatility. Over the past month, the stock has shown a strong performance with a return of 45.48%, and it has outperformed the benchmark Sensex over various time frames, including a 44.36% return over the last year. The company's attractive valuation, with a return on capital employed (ROCE) of 18.5 and a PEG ratio of 1.8, suggests that it is trading at a discount compared to its peers, which may support its long-term growth potential.
Broader Market Context: In the short term, Akar Auto Industries Ltd has underperformed the Sensex, which has only seen a minor decline of 0.06% over the past week, while Akar's stock has decreased by 1.05%. The falling investor participation, with a significant drop in delivery volume by 72.96% compared to the 5-day average, may indicate reduced interest among investors, contributing to the stock's recent price decline. Despite the current downturn, the stock's long-term performance remains strong, having outperformed the BSE500 over the last three years, one year, and three months, suggesting that while short-term fluctuations are present, the overall market sentiment towards the stock remains positive.