Why is BEML Ltd falling/rising?

As of 04-Sep, BEML Ltd's stock price is currently at Rs 3,950.00, reflecting a decrease of Rs 151.45, or 3.69%. Today's price summary indicates that the stock has underperformed its sector by 3.05% and has experienced a trend reversal after four consecutive days of gains. The stock touched an intraday low of Rs 3,940, and trading volume has decreased significantly, with delivery volume falling by 47.58% compared to the five-day average. In terms of returns, the stock has shown a 2.96% increase over the past week, but it has declined by 0.94% over the past month and 2.82% year-to-date. Despite these recent declines, the company maintains a low debt-to-equity ratio of 0.18 and has demonstrated healthy long-term growth with an annual operating profit increase of 75.76%. Additionally, high institutional holdings at 24.38% suggest that knowledgeable investors are backing the company, which could provide some support for the stock.
Broader market context shows that while BEML Ltd has underperformed in the short term, the benchmark Sensex has only increased by 0.80% over the past week. The stock's year-to-date performance is notably worse than the Sensex, which has gained 3.30% during the same period. This underperformance may be contributing to the stock's current decline, as investor sentiment appears to be cautious amidst falling participation and liquidity concerns. Overall, while the company has strong fundamentals, the recent price movement reflects a combination of short-term volatility and broader market pressures.