Why is Eimco Elecon(I) falling/rising?

As of 18-Sep, Eimco Elecon (India) Ltd is experiencing a decline in its stock price, currently at Rs 2,193.00, which reflects a decrease of Rs 17.0 or 0.77%. The stock has underperformed its sector by 1% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 4.69% during this period. It opened with a significant loss of 3.9% and reached an intraday low of Rs 2,123.9. Despite this, the stock has shown a strong performance over the longer term, with a year-to-date increase of 6.98% and an impressive 458.16% rise over the past three years. The company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 107.49%.
In the broader market context, Eimco Elecon's short-term performance over the past week shows a gain of 2.01%, which is better than the benchmark Sensex's increase of 1.80%. However, over the past month, the stock has underperformed, with a decline of 4.75% compared to the Sensex's rise of 2.14%. This indicates that while the stock has had some positive momentum recently, its recent downturn may be influenced by broader market trends or sector-specific challenges. The rising investor participation, as indicated by a significant increase in delivery volume, suggests that there may still be interest in the stock despite its current price decline.