Why is Foseco India falling/rising?

As of 15-Sep, Foseco India Ltd. is experiencing a decline in its stock price, currently at Rs 6,095.90, reflecting a decrease of Rs 21.25 or 0.35%. The stock has been underperforming, having fallen for the last six consecutive days, resulting in a total decline of 4.68% during this period. Despite reaching an intraday high of Rs 6,262.65 earlier in the day, the stock's performance today has been hindered by a significant drop in investor participation, with delivery volume decreasing by 45.85% compared to the five-day average. Over the past week, the stock has underperformed the sector by 0.93%. However, it has shown strong long-term growth, with a remarkable 51.49% increase year-to-date and a 210.96% rise over the past three years, indicating a solid historical performance.
In the broader market context, Foseco India's recent short-term decline contrasts with the Sensex, which has gained 1.24% over the past week. While the stock has outperformed the benchmark over longer periods, including a 24.85% increase over the past month, the current downward trend may be influenced by the recent drop in trading volume and consecutive losses. The company's strong fundamentals, such as a high return on equity and low debt-to-equity ratio, suggest potential for recovery, but the immediate market sentiment appears to be negative, contributing to the stock's recent price decline.