Why is Akar Auto Indust falling/rising?

As of 18-Jul, Akar Auto Industries Ltd is experiencing a slight decline in its stock price, currently at Rs 164.00, which reflects a decrease of 0.5 or 0.3%. Despite this minor drop, the stock has shown strong performance over the past month with an increase of 8.65%, and a remarkable year-to-date return of 23.40%. The stock is currently trading close to its 52-week high, just 4.88% away from Rs 172. However, there has been a notable decline in investor participation, with delivery volume falling by 73.62% compared to the 5-day average. The company maintains an attractive valuation with a return on capital employed (ROCE) of 18.5 and a PEG ratio of 1.9, indicating that it is trading at a discount compared to its peers.
In the broader market context, Akar Auto Industries has outperformed the Sensex, which has seen a decline of 0.90% over the past week, while the stock itself has dropped by 1.44%. This indicates that the stock's short-term performance is slightly lagging behind the benchmark, despite its strong long-term returns, including a 51.01% increase over the past year. The company's strong historical performance, with significant returns over 3 years and 5 years, suggests that while there may be short-term fluctuations, the overall trend remains positive, supported by the majority ownership of promoters and consistent profit growth.