Why is Evans Electric falling/rising?

As of 03-Jul, Evans Electric Ltd's stock price is currently at Rs 210.90, reflecting a decline of Rs 11.1, or 5.0%. The stock has been underperforming, having lost 12.85% over the last three days, and opened today with a loss of 5%. It has consistently traded at this price with no range observed throughout the day. Additionally, the stock's delivery volume has significantly decreased, falling by 85.15% compared to the 5-day average, indicating a drop in investor participation. Despite having strong long-term returns, including a 928.78% increase over three years, the stock has faced a short-term decline of 6.85% over the past week, which contrasts sharply with its impressive one-month return of 35.50%.
In the broader market context, the Sensex has only declined by 0.62% over the past week, suggesting that Evans Electric's recent performance is not aligned with the overall market trend. While the stock has shown strong year-to-date and one-year returns, the recent underperformance relative to the sector and the significant drop in trading volume may indicate investor concerns or profit-taking after a substantial rally. The stock's current price movement and the broader market context highlight a period of volatility and caution among investors, contributing to the ongoing decline.