Why is Igarashi Motors falling/rising?

As of 14-Jul, Igarashi Motors India Ltd's stock price is currently at Rs 561.45, reflecting an increase of Rs 48.6, or 9.48%. The stock has shown a positive trend today, gaining after four consecutive days of decline, and has outperformed its sector by 8.09%. It reached an intraday high of Rs 568.3, indicating strong buying interest. Over the past week, the stock has risen by 3.51%, and in the last month, it has increased by 13.55%. However, despite these short-term gains, the stock has faced challenges, including a significant drop in quarterly PAT by 53.4% and the lowest net sales recorded at Rs 189.47 crore. While the stock has generated a return of 9.31% over the past year, its long-term growth remains a concern due to modest annual growth rates in net sales and operating profit.
In the broader market context, Igarashi Motors has outperformed the Sensex, which has declined by 1.42% over the past week, while the stock has shown resilience. The company's performance over the last three years has been commendable, with a return of 96.76%, surpassing the benchmark's 53.99%. However, the stock's year-to-date performance is concerning, with a decline of 21.57% compared to the Sensex's increase of 5.27%. This juxtaposition highlights the stock's volatility and the mixed sentiment among investors, particularly given the falling investor participation and liquidity issues noted in the recent trading activity.