Why is Igarashi Motors falling/rising?

As of 25-Jul, Igarashi Motors India Ltd is currently priced at 610.00, reflecting a decrease of 7.1 points or 1.15%. The stock has recently experienced a trend reversal, falling after two consecutive days of gains. Despite this decline, it has outperformed the sector by 0.26% today. The stock has shown strong performance over the past month, with a return of 27.22%, while it has also outperformed the BSE500 over the last three years, one year, and three months. However, the company faces challenges, including a significant drop in quarterly profit after tax and low net sales, which may contribute to investor concerns despite its strong ability to service debt and a low Debt to EBITDA ratio.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has declined by 0.36% over the past week. While Igarashi Motors has shown resilience in the short term, the overall market sentiment may be influenced by its poor long-term growth metrics, with net sales and operating profit growing at modest rates over the last five years. The stock's valuation appears expensive relative to its returns, as indicated by its PEG ratio of 0.5, which may deter some investors despite its historical performance.