Why is Engineers India falling/rising?

As of 02-Jul, Engineers India Ltd. is currently priced at 234.55, reflecting a decrease of 3.8 points or 1.59%. The stock has been underperforming, having lost 2.56% over the last two days and showing a performance today that is 1.09% lower than its sector. In terms of returns, the stock has gained 0.28% over the past week and 1.78% over the past month, but it has significantly underperformed over the last year with a decline of 8.88%. Despite a high management efficiency indicated by a return on equity (ROE) of 16.04% and a substantial growth in net profit of 158.44%, the stock's long-term growth prospects appear poor, with net sales declining at an annual rate of 0.94% over the last five years. Additionally, the stock is trading at a premium compared to its peers, which may contribute to its recent price decline.
Broader Market Context: In comparison to the benchmark, the stock has underperformed significantly over the past year, while the BSE500 has generated returns of 3.11%. Although the stock has shown positive returns in the short term, it is still lagging behind the broader market, which has seen a 0.79% increase over the past week and a 2.50% increase over the past month. The falling investor participation, evidenced by a 70.82% drop in delivery volume, further indicates a lack of confidence among investors, which could be contributing to the stock's downward movement.