Why is Indian Hume Pipe falling/rising?

As of 14-Jul, Indian Hume Pipe Company Ltd is experiencing a decline in its stock price, currently at 437.40, which reflects a decrease of 0.95 or 0.22%. The stock has underperformed its sector by 0.84% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 2.15% during this period. Despite a strong performance over the past year with a return of 1.51% and a significant increase in profits by 18.3%, the stock has seen a recent decline in investor participation, with delivery volume falling by 65.44% compared to the 5-day average. The stock is currently trading above its longer-term moving averages but below its 5-day moving average, indicating mixed signals in its recent performance.
In the broader market context, the stock's short-term performance over the past week shows a decline of 5.55%, contrasting with a smaller drop of 1.42% in the Sensex, indicating that the stock is underperforming relative to the benchmark. While the stock has shown consistent returns over the last three years, outperforming the BSE500 in each of the last three annual periods, the current market conditions and declining investor interest may be contributing to its recent price drop. The stock's attractive valuation, with a price-to-book value of 1.7 and a PEG ratio of 1.4, suggests that it may still hold potential for recovery, but the immediate outlook appears challenging.