Why is Igarashi Motors falling/rising?

As of 23-Jul, Igarashi Motors India Ltd is currently priced at 589.90, reflecting an increase of 2.35 (0.4%). The stock has shown a trend reversal, gaining after four consecutive days of decline. However, it has underperformed its sector by 0.37%. In terms of returns, the stock has experienced a 27.88% increase over the past month, but it has a year-to-date decline of 17.60%. Despite a strong long-term performance, with a 15.92% return over the last year and a significant 67.16% increase over three years, the stock faces challenges such as a low delivery volume, which has fallen by 68.7% compared to the five-day average. The company's ability to service debt is strong, indicated by a low Debt to EBITDA ratio of 1.14 times, but it also faces concerns regarding poor long-term growth, with net sales and operating profit growth rates of only 9.43% and 4.53%, respectively, over the last five years.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 0.11% over the past week. While Igarashi Motors has outperformed the BSE500 in the long term, its recent underperformance in the short term, coupled with falling investor participation, suggests a cautious sentiment among investors. The stock's valuation appears expensive with a ROCE of 7.3 and a PEG ratio of 0.5, despite trading at a discount compared to its peers. This combination of factors indicates that while there are positive aspects to the company's performance, the recent price movement reflects underlying concerns about growth and investor confidence.