Why is India Nipp.Elec. falling/rising?

As of 25-Aug, India Nippon Electricals Ltd is experiencing a decline in its stock price, currently at 794.60, reflecting a decrease of 5.0 points or 0.63%. The stock has underperformed its sector today by 0.4%, with trading activity indicating more volume was traded closer to the low price. Additionally, the stock's delivery volume has significantly decreased by nearly 60% compared to the 5-day average, suggesting falling investor participation. Over the past week, the stock has declined by 2.71%, while it has shown a modest increase of 2.79% over the past month. Despite a strong long-term performance with a 93.19% increase over three years, the stock has generated a slight negative return of 0.67% over the past year, even as profits have risen by 28.1%.
In the broader market context, the Sensex has gained 0.45% over the past week and 0.21% over the past month, indicating that the stock's recent decline is not reflective of the overall market trend. The stock's performance is also contrasted by its healthy long-term growth metrics, including a low debt-to-equity ratio and a solid return on equity of 11.6. While the stock is trading at a fair value compared to its peers, the recent underperformance and declining investor interest may be contributing to the current price drop, despite the company's attractive valuation and growth potential.