Why is Exide Inds. falling/rising?

As of 17-Sep, Exide Industries Ltd's stock price is currently at 419.00, reflecting an increase of 0.95 (0.23%). The stock has been gaining for the last two days, with a total return of 0.84% during this period. However, over the past week, it has underperformed the benchmark Sensex, which has risen by 1.56%, while Exide's stock has decreased by 0.79%. Despite this recent dip, the stock has shown a strong performance over the past month with an increase of 11.96%, although it has a year-to-date return of only 0.54%. The company benefits from a low debt-to-equity ratio of 0.03 times and high institutional holdings at 28.87%, indicating a stable financial position and confidence from larger investors, which may support its price stability.
Broader Market Context: In the context of the broader market, Exide Industries Ltd's recent performance contrasts with the Sensex's gains, particularly in the short term where the stock has not kept pace with the benchmark. The stock's recent price increase, despite the overall decline in the past week, suggests that it may be experiencing a correction after a period of underperformance. The falling investor participation, indicated by a 30.54% drop in delivery volume, could signal a lack of confidence among retail investors, which may hinder further price appreciation. Nonetheless, the stock's liquidity remains adequate for trading, which may help maintain its price amidst these fluctuations.