Why is Lumax Auto Tech. falling/rising?

As of 08-Oct, Lumax Auto Technologies Ltd is experiencing a decline in its stock price, currently at Rs 1,232.85, reflecting a decrease of Rs 26.1 or 2.07%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 6.6% over the past week. Today's trading saw the stock reach an intraday high of Rs 1,285 but also dip to a low of Rs 1,222.8. The volume traded has decreased significantly, with delivery volume falling by 51.73% compared to the five-day average, indicating reduced investor participation. Despite these recent challenges, the company has shown strong financial performance over the longer term, with a 90.62% increase year-to-date and a remarkable 122.10% return over the past year, supported by consistent positive results and high management efficiency.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.98% over the past week. While Lumax Auto Technologies has demonstrated impressive long-term growth, including a 33.41% annual increase in net sales, the short-term decline suggests a temporary setback amid falling investor interest. The company's strong fundamentals, such as a low Debt to EBITDA ratio and high institutional holdings, provide a solid foundation, yet the current market sentiment appears to be weighing on the stock's price, leading to its recent underperformance relative to the broader market.