Why is Azad Engineering falling/rising?

As of 06-Nov, Azad Engineering Ltd's stock price is currently at 1,618.30, reflecting a decrease of 38.3 points or 2.31%. The stock has underperformed its sector by 0.81% today, having touched an intraday low of Rs 1,609.5, which represents a decline of 2.84%. Over the past week, the stock has fallen by 4.74%, and it has also seen a decline of 5.80% over the past month. Despite these short-term challenges, the company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 32.60%. Additionally, it has reported positive results for the last seven consecutive quarters, which may provide some reassurance to investors. The company maintains a low debt-to-equity ratio and has high institutional holdings at 25.6%, indicating confidence from larger investors.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a decline of only 1.30% over the past week, Azad Engineering's performance has been notably weaker. The Sensex has also shown a positive return of 1.86% over the past month, contrasting with Azad Engineering's decline. This underperformance against the benchmark may contribute to investor sentiment regarding the stock's recent price movement. The rising investor participation, as evidenced by a 28.01% increase in delivery volume, suggests some interest in the stock despite its current challenges, indicating that while the stock is facing downward pressure, there are still elements of potential growth that could attract investors in the long run.