Why is Indian Hume Pipe falling/rising?

As of 10-Jul, Indian Hume Pipe Company Ltd is currently priced at 447.00, with no change in price (0.00%). The stock's performance today is inline with the sector, although it has shown a decline in investor participation, with delivery volume falling by 59.39% compared to the 5-day average. Despite this, the stock has demonstrated strong returns over various periods, including a 2.52% increase over the past month and a significant 23.72% rise year-to-date. The company has a very attractive valuation with a return on equity (ROE) of 6.7 and a price-to-book value of 1.7, indicating that it is trading at a discount compared to its peers. Additionally, the stock has consistently outperformed the BSE500 over the last three years, generating a return of 211.06%.
In the broader market context, the stock's short-term return of -0.33% over the past week contrasts with the benchmark Sensex, which has only declined by 0.06%. This suggests that while the stock is experiencing some downward pressure in the short term, it has maintained a stronger performance relative to the benchmark over longer periods. The overall market sentiment appears stable, but the falling delivery volume may indicate a cautious approach from investors, potentially impacting future price movements.