Why is Igarashi Motors falling/rising?

As of 05-Sep, Igarashi Motors India Ltd's stock price is currently at Rs 497.50, reflecting an increase of Rs 25.35 or 5.37%. The stock has shown a strong performance today, outperforming its sector by 4.98% and reaching an intraday high of Rs 511.3, which is an 8.29% increase. Despite a significant decline of 20.39% over the past month and a year-to-date drop of 30.51%, the company has demonstrated a rising investor participation, with delivery volume increasing by 100% compared to the five-day average. The stock is trading at a discount compared to its peers, and while it has underperformed over the past year, its profits have risen by 13.5%, indicating some underlying strength despite the negative sentiment.
In the broader market context, Igarashi Motors has outperformed the Sensex in the short term, with a weekly return of 3.59% compared to the benchmark's 1.13%. However, the stock's long-term performance has been concerning, as it has underperformed the market significantly over the past year, with a return of -30.22% against the BSE500's -4.41%. The company's low Debt to EBITDA ratio and fair valuation metrics suggest some financial stability, but the poor long-term growth and negative results from recent quarters raise concerns about its future prospects. Overall, while the stock is experiencing a short-term rise, the long-term outlook remains challenging.