Why is Bright Brothers falling/rising?

As of 17-Jul, Bright Brothers Ltd is experiencing a decline in its stock price, currently at Rs 361.60, which reflects a decrease of Rs 3.4 or 0.93%. The stock has underperformed its sector by 1.53% today and has been on a consecutive downward trend for the last two days, with a total decline of 3.83% during this period. Despite touching an intraday high of Rs 377, the stock also reached a low of Rs 351.1. Over the past week, the stock has decreased by 0.93%, while it has shown a significant increase of 10.61% over the past month. However, year-to-date, the stock has fallen by 15.87%, contrasting sharply with its impressive one-year return of 113.96%. The company has demonstrated strong long-term growth, with operating profit increasing at an annual rate of 138.13%, and positive results over the last five consecutive quarters, but it is currently facing challenges such as poor management efficiency indicated by a low average ROCE of 5.32%.
In the broader market context, the stock's recent performance has been slightly better than the benchmark Sensex, which has declined by 1.12% over the past week. However, the stock's year-to-date performance is notably worse than the Sensex's increase of 5.27%. The falling investor participation, with a significant drop in delivery volume, suggests a lack of confidence among investors, which may be contributing to the stock's recent decline. While the company has a strong long-term growth outlook and is trading at a discount compared to its peers, the current market sentiment and recent price movements indicate that investors are cautious, leading to the stock's downward trajectory.