Why is Gabriel India falling/rising?

As of 01-Aug, Gabriel India Ltd is currently priced at 1,003.30, reflecting a decrease of 27.4 points or 2.66%. The stock has been experiencing a downward trend, having fallen consecutively for the last two days, resulting in a total decline of 3.56% during this period. Today's performance indicates that the stock underperformed its sector by 1.44%, and it reached an intraday low of Rs 994.65. Despite a strong long-term fundamental strength, with an average Return on Equity (ROE) of 20.70% and healthy growth in operating profit, the recent decline may be influenced by a drop in investor participation, as evidenced by a 20.7% decrease in delivery volume compared to the five-day average.
In the broader market context, Gabriel India's short-term performance contrasts with the benchmark, as it has gained 1.47% over the past week while the Sensex has declined by 1.06%. However, the stock's recent two-day decline suggests a shift in sentiment despite its strong long-term returns, which include a remarkable 110.78% increase year-to-date and consistent outperformance against the BSE500 over the last three years. The high institutional holdings at 21% indicate confidence from more sophisticated investors, yet the recent fall may reflect short-term market pressures rather than a fundamental weakness in the company's long-term outlook.