Why is Greaves Cotton falling/rising?

As of 16-Jul, Greaves Cotton Ltd. is experiencing a decline in its stock price, currently at 211.65, reflecting a decrease of 0.85 or 0.4%. The stock has shown a trend reversal, falling after two consecutive days of gains, and it has underperformed its sector by 0.56% today. Despite a notable increase in delivery volume by 368.87% against the 5-day average, the stock's performance over the past week is positive at +4.36%, while its year-to-date performance is down by 23.74%. The company has reported strong quarterly results, with net sales reaching the highest at Rs 822.83 crore and a significant operating profit margin, yet it faces challenges with a weak long-term fundamental strength, including a -26.39% CAGR growth in operating profits over the last five years.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a decline of 1.08% over the past week. Although Greaves Cotton has generated a return of 28.78% over the last year, its profitability has significantly decreased, with profits falling by 71.9%. The stock is trading at a premium compared to its peers, which may deter investor confidence, as indicated by the low stake held by domestic mutual funds at only 1.32%. This combination of strong short-term returns alongside long-term fundamental weaknesses contributes to the current downward pressure on the stock price.