Why is Fiem Industries falling/rising?

As of 05-Sep, Fiem Industries Ltd is experiencing a decline in its stock price, currently at Rs 2,048.00, which represents a decrease of Rs 116.0 or 5.36%. The stock has been underperforming, having lost 6.57% over the last four days, and today it touched an intraday low of Rs 2,005, reflecting a drop of 7.35%. Despite a strong performance over the past year with a return of 26.10%, the stock has recently faced challenges, including a performance today that underperformed its sector by 5.75%. Positive factors such as high management efficiency, a low debt-to-equity ratio, and consistent growth in operating profit have been overshadowed by the recent price decline.
Broader market context indicates that while Fiem Industries has shown a year-to-date return of 37.73%, it has underperformed the Sensex in the short term, which has gained 1.13% over the past week. The stock's recent struggles may be attributed to market sentiment and profit-taking after a strong performance in previous months. Additionally, while institutional investors have increased their stake, suggesting confidence in the company's fundamentals, the recent price movement indicates a disconnect between these positive fundamentals and current market performance, leading to the stock's decline.