Why is Inox India falling/rising?

As of 12-Aug, Inox India Ltd's stock price is currently at Rs 1,096.70, reflecting a decrease of Rs 19.5 or 1.75%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.09% during this period. Additionally, the stock has shown a negative return of 10.91% over the past month and 9.82% over the past year, while it has underperformed the sector by 1.8% today. Notably, the stock's delivery volume has decreased significantly, down 31.11% from the five-day average, indicating falling investor participation. Despite these challenges, the company maintains a high management efficiency with a return on equity of 27.72% and a low debt-to-equity ratio, which could provide some support for the stock.
In the broader market context, Inox India's recent performance contrasts with the Sensex, which has only declined by 0.59% over the past week and has shown a positive return of 2.68% year-to-date. This indicates that while the overall market is experiencing a slight downturn, Inox India is facing more significant challenges. However, there is a positive note with institutional investors increasing their stake by 0.52% in the last quarter, suggesting a level of confidence in the company's fundamentals that may not be reflected in the current stock price.