Why is Eimco Elecon(I) falling/rising?

As of 07-Jul, Eimco Elecon (India) Ltd is experiencing a decline in its stock price, currently at Rs 2,840.00, which reflects a decrease of Rs 125.0 or 4.22%. Today's price summary indicates that the stock has underperformed its sector by 3.97% and has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 2,817.25, marking a decline of 4.98%. Despite this drop, the stock has shown strong performance over the past week, with a return of 9.65%, and has consistently outperformed the benchmark Sensex over various periods, including a remarkable 641.90% increase over the last three years. The company also benefits from a low debt-to-equity ratio and healthy long-term growth, with operating profit growing at an annual rate of 117.62%.
In the broader market context, while Eimco Elecon's stock has seen a short-term decline, it has outperformed the Sensex, which has seen a slight decrease of 0.20% over the past week. The stock's strong historical performance, including a 38.54% increase year-to-date and consistent returns over the last three years, suggests that the recent price drop may be a temporary correction rather than a reflection of underlying weakness. The rising investor participation, indicated by a significant increase in delivery volume, further supports the notion that the stock remains attractive to investors despite the current decline.