Why is Brady & Morris falling/rising?

As of 12-Aug, Brady & Morris Engineering Company Ltd is experiencing a decline in its stock price, currently at Rs 1,380.75, which reflects a decrease of Rs 72.65 or 5.0%. The stock has underperformed its sector by 5.05% today and has been on a downward trend for the last three days, resulting in a cumulative drop of 9.81%. It opened with a loss of 5% and has traded within a wide range of Rs 144.25, reaching an intraday high of Rs 1,525 before falling to its current low. Over the past week, the stock has seen a significant decline of 11.33%, and year-to-date, it has decreased by 15.29%, despite having generated a positive return of 10.46% over the past year. The stock is also trading below all key moving averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 12.67% against the five-day average.
In the broader market context, while the Sensex has only declined by 0.59% over the past week, Brady & Morris's performance has been significantly worse, highlighting its underperformance relative to the benchmark. Despite its strong management efficiency, indicated by a high return on equity of 31.46%, and consistent returns over the last three years, the recent price movement suggests that investor sentiment is currently negative. The stock has outperformed the BSE500 in previous years, but the current trend indicates a shift in market perception, leading to the recent price decline.