Why is BEML Ltd falling/rising?

As of 09-Sep, BEML Ltd's stock price is currently at 4,045.70, reflecting a decrease of 52.2 points or 1.27%. The stock has underperformed its sector by 1.6% today and has experienced a trend reversal, falling after two consecutive days of gains. Despite a positive 4.89% return over the past month, the stock has shown a slight decline of 0.46% year-to-date. The delivery volume has also decreased significantly, falling by 54.8% compared to the 5-day average, indicating a drop in investor participation. However, the company maintains a low debt-to-equity ratio of 0.18, healthy long-term growth with an annual operating profit increase of 75.76%, and high institutional holdings at 24.38%, which may provide some support for the stock.
In the broader market context, BEML Ltd's recent performance contrasts with the Sensex, which has gained 1.18% over the past week, while BEML Ltd has declined by 0.82%. This underperformance in the short term may reflect broader market trends or investor sentiment. Despite the stock's strong historical performance, including a remarkable 148.18% increase over the past three years, the current decline suggests that investors may be reacting to recent trading patterns and reduced participation, which could be causing concern amidst the overall market's upward movement.