Why is BEML Ltd falling/rising?

As of 28-Jul, BEML Ltd's stock price is currently at Rs 3,989.75, reflecting a decline of Rs 160.4 or 3.86%. The stock has been underperforming, having lost 7.12% over the last two days and showing a significant drop of 9.90% over the past month. Today's trading performance indicates that the stock has underperformed its sector by 2.39%, with a day’s low of Rs 3,970, which is a 4.34% decrease. Although the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. Additionally, there has been a decrease in investor participation, with delivery volume falling by 6.55% against the 5-day average.
In the broader market context, BEML Ltd's recent performance contrasts with the Sensex, which has only declined by 1.59% over the past week. Despite the stock's current struggles, it has shown strong long-term growth, with an annual operating profit growth rate of 106.60% and a high institutional holding of 24.38%, indicating confidence from larger investors. However, the stock's year-to-date performance is down 1.84%, while the Sensex has gained 3.52%, highlighting a significant divergence in performance. Overall, while BEML Ltd has solid fundamentals, the recent price decline appears to be influenced by short-term trading dynamics and market sentiment rather than underlying company performance.