Why is Eimco Elecon(I) falling/rising?

As of 13-Jun, Eimco Elecon (India) Ltd's stock price is currently at Rs 2,438.10, reflecting a decrease of Rs 32.9 or 1.33%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 7.5% during this period. Today, it opened with a loss of 2.47% and reached an intraday low of Rs 2,401.35. Despite touching a high of Rs 2,536.35 earlier in the day, the overall trend indicates a downward movement. The stock has shown a strong performance over the longer term, with a 1-month return of 16.65% and a year-to-date return of 18.93%. However, recent trading activity indicates a significant drop in investor participation, with delivery volume decreasing by 73.75% compared to the 5-day average.
In the broader market context, Eimco Elecon's recent performance contrasts with the benchmark Sensex, which has only declined by 1.30% over the past week. The stock's short-term underperformance is notable, especially as it has lagged behind the sector by 0.76%. Despite its healthy long-term growth indicators, such as a low debt-to-equity ratio and impressive operating profit growth, the recent price movements suggest that market sentiment may be shifting. The stock has consistently generated returns over the past three years, outperforming the BSE 500, yet the current decline raises concerns about immediate investor confidence and market dynamics.