Why is Engineers India falling/rising?

As of 15-Jul, Engineers India Ltd. is currently priced at 247.00, reflecting a decrease of 2.1, or 0.84%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 1.3% during this period. Despite this recent downturn, the stock has shown positive performance over the past week and month, with returns of 2.24% and 10.27%, respectively. However, it is noteworthy that the stock has underperformed its sector by 1.35% today and has seen a significant drop in investor participation, with delivery volume falling by 47.33% against the five-day average. While the company boasts high management efficiency and a strong net profit growth of 158.44%, it also faces challenges such as poor long-term growth and a high valuation compared to its peers, which may contribute to the stock's recent price decline.
In the broader market context, Engineers India has outperformed the benchmark Sensex over the past week and month, but it has significantly lagged behind over the past year, with a return of -12.57% compared to the Sensex's 2.36%. This underperformance in the long term may be influencing investor sentiment negatively, despite the company's strong quarterly results and efficient management. The stock's premium valuation and declining sales growth over the last five years further complicate its market position, leading to cautious investor behavior and contributing to the recent price drop.